Quoting from IT Week:
Intel is promoting its next generation of business desktop technologies, which will come to market next summer in chips codenamed Avril. The key components amount to dual-core processors, Virtualization Technology (VT) hardware support, and Active Management Technology, or AMT.
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VMware says that VT would enable it to remove less than one percent of its source code from its products. Of course, VMware probably won’t do that for a few years because to do so would spoil the performance of its tools when running on kit that doesn’t have VT. So it seems to me that VT simply makes it easier for Microsoft and open-source competitor Xen to catch up with VMware…
Read the whole article at source.