Company Overview

Parallels (www.parallels.com) is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and service providers across all major hardware, operating system, and virtualization platforms. Founded in 1999, Parallels is a fast-growing company with 900 employees in North America, Europe, and Asia.

Recently named a Top 100 private company in the country by Red Herring, Parallels is looking to extend its market success from its current positions as the #1 in desktop virtualization (Parallels Desktop), #1 in container-based server virtualization (Parallels Virtuozzo Containers), and #1 in automation control panels (Parallels Plesk Control Panel).

Parallels already powers more than 1 million servers and desktops (serving over 10 million customer end users). The company has won 25+ awards in the last 12 months through innovation related to 55+ patents issued and pending.

The company has 500+ partnerships including Intel, Microsoft, Apple, AMD, Dell, HP, and IBM.

The Parallels' Optimized Computing vision begins with the Parallels Open Platform – an open, partnership-oriented platform that brings together desktop and server virtualization with virtual, operations and business automation for use in on-premise, on-device, hosted and software-as-a-service (SaaS) usage models.

The Parallels family of products offers extensive system support including x86, x64, IA64 Windows, Linux and Mac OS plus VMware and Xen in the future. Our virtualization strategy takes advantage of innovative hypervisor and container technologies to serve the broadest range of scenarios and benefits possible.

More company information is located at www.parallels.com/about, and www.parallels.com/news.