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Parallels, Inc.
Parallels International GmbH is a software company based in Bellevue, Washington. It is involved in the development of virtualization software for MacOS. The company has over 800 employees and offices in 14 countries, including the United States, Germany, United Kingdom, France, Japan, China, Spain, Malta, Australia, and Mauritius History SWSoft, a privately held server automation and virtualization software company, developed software for running data centers, particularly for web-hosting service companies and application service providers. Their Virtuozzo product was an early system-level server virtualization technology, in 2003, they acquired Plesk, a commercial web hosting platform. SWSoft acquired Parallels, Inc. in 2004, but this information was not made public until January 2007. Parallels Workstation for Windows and Linux 2.0 was released in the same year, with Parallels Desktop for Mac following in mid-2006. Later the same year, the corporate headquarters moved ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |