Skip to main content

SWSoft acquires Parallels (a year ago??)



In a memo to their employees, the CEOs of two leading virtualization companies recently revealed that their companies have merged. Specifically, Serguei Beloussov, of SWsoft Inc. and Nick Dobrovolskiy of Parallels Inc. acknowledged that SWsoft now owns Parallels.

According to a source close to the companies, SWsoft bought Parallels "about a year ago -- but kept them very separate and very quiet." Moving forward, the CEOs said that "Parallels and SWsoft have continued to grow and succeed independently in the marketplaces in which they participate."


Really! And why keep a secret for that long! We were so anxious to know--NOT!
Anyways we'll try to analyze in the coming days what this means for the virtualization arena. None to the server market (for now, till Parallels does something with its server edition), some to the desktop market (which VMware will soon gobble up).

More later, read this for now...

Comments

Popular posts from this blog

Security: VMware Workstation 6 vulnerability

vulnerable software: VMware Workstation 6.0 for Windows, possible some other VMware products as well type of vulnerability: DoS, potential privilege escalation I found a vulnerability in VMware Workstation 6.0 which allows an unprivileged user in the host OS to crash the system and potentially run arbitrary code with kernel privileges. The issue is in the vmstor-60 driver, which is supposed to mount VMware images within the host OS. When sending the IOCTL code FsSetVoleInformation with subcode FsSetFileInformation with a large buffer and underreporting its size to at max 1024 bytes, it will underrun and potentially execute arbitrary code. Security focus

Virtualization: GlassHouse hopes to cash in with its IPO!

GlassHouse Technologies Inc. on Tuesday registered to raise as much as $100 million in an initial public offering that, despite the company's financial losses, could prove a hit with investors drawn to its focus on "virtualization" technology. The Framingham, Mass., company offers consulting services for companies that use virtualization software to improve the performance of corporate servers and cut costs in their data centers. GlassHouse also provides Internet-based data storage. "Software-as-a-service," or SaaS, companies and vendors of virtualization products have proved popular among investors in recent years as corporate customers seek alternatives to conventional packaged software. GlassHouse, with roots in both sectors, will test the strength of that interest, said Peter Falvey, managing director with Boston investment bank Revolution Partners. "It will be a bit of a bell weather," he says. "It's not as though it's the 15th SaaS m...