Parallels

Parallels, Inc. is a company specializing in virtualization technology and Mac management solutions for consumers, businesses, and service providers. Founded in 1999 and headquartered in Bellevue, Washington, Parallels offers a range of products, including Parallels Desktop for Mac, which enables users to run Windows applications, and Parallels Access, allowing remote access to computers. The company's offerings also include Parallels Mac Management for Microsoft SCCM, which assists IT departments in managing Mac devices, and Parallels Remote Application Server for secure access to desktops and applications. Additionally, Parallels provides tools like Parallels Toolbox to streamline computing tasks and Parallels Mobile Device Management for controlling mobile data. With a global reach across North America, Europe, Asia, and beyond, Parallels serves a diverse clientele. The company, originally known as SWsoft, Inc., rebranded in 2008 and is now a subsidiary of Corel Corporation.

Peter Bauert

CFO and COO

Past deals in Virtualization

2X Software

Acquisition in 2015
2X Software Ltd. is a provider of virtualization solutions and remote access technologies for enterprises globally. Founded in 2004 and headquartered in Gzira, Malta, the company offers a diverse range of products designed to enhance application delivery and cloud computing. Key offerings include the 2X ApplicationServer XG, which centralizes virtual desktops and applications, and the 2X Client, enabling remote desktop access from various web-enabled devices. Additionally, the 2X LoadBalancer optimizes RDP/ICA session distribution for improved fault tolerance. The company also provides the 2X CloudClient OS, facilitating user access to applications and virtual environments from a variety of devices, and the 2X ThinClientServer, which supports the transition to thin client computing. 2X Software serves a wide array of industries, including healthcare, education, and technology. The company has established strategic partnerships with notable organizations such as Microsoft, VMware, and IBM to enhance its service offerings. As of 2015, 2X Software operates as a subsidiary of Parallels, Inc., with additional offices in several countries, including the United States, Germany, and Japan.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.