I knew we were being to vague in this announcement (or technically
preview). Virtualization Engine (VE) is TWO things. First, it is a set
of VE Systems Technologies that include hypervisors. Second, it is a
set of VE Systems Services which are designed to make it easier to
manage these systems as a single entity (an example is Enterprise
Workload Manager).

The Systems Technologies part will vary depending on the platform. On
zSeries it is LPAR and z/VM. On iSeries and pSeries it will be a new
hypervisor (not yet announced) which will extend the rather basic LPAR
support currently available on pSeries and complement the guest
support in OS/400.

The announcement letter actually gives a pretty good overview, as does
http://www.ibm.com/eserver/about/virtualization/

Jim

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