Virtualization Technology Moves Forward As New Year Begins

The new year is starting off well for VMware, which saw its stock jump to a new 52-week high of $94.19 Monday. It then dipped a bit to close at $92.97, which is approximately 4.6 percent higher than its previous closing price, Investors.com reported.

Virtualization, along with cloud computing, had a banner 2010. In an economic climate that was brutal and unforgiving, both technologies chugged along with nary a derailment or serious argument as to their value. In fact, most IT companies, from OEMs to ISVs to anyone in between, attempted to get in on the action. Acquisitions, new products, and products updates swung heavily in this direction.

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