August 21, 2014 4:26 PM ET

Software

Company Overview of Parallels, Inc.

Company Overview

Parallels, Inc. offers virtualization and automation software for desktop computing, server virtualization, datacenter automation, billing and business automation, and server control panels. The company’s products include Plesk Control Panel, which is designed for the management and administration of Web sites, and automation of tasks; Desktop to run Mac OS X and Windows, and to drag-and-drop files between desktops; Workstation for Windows and Linux; Servers for Mac Beta; Virtuozzo Containers; Linux shared hosting next generation service delivery solution for service providers; and Parallels Transporter, an application that makes the move from a Windows PC to a Mac by automatically transferr...

660 SW 39th Street

Suite 205

Renton, WA 98057

United States

Phone:

425-282-6400

Fax:

425-282-6444

Key Executives for Parallels, Inc.

Chief Executive Officer
Age: 48
Chief Financial Officer
President of Consumer and Business Worldwide and Director
President of Service Provider Worldwide and Director
Senior Vice President of Marketing and Online
Age: 41
Compensation as of Fiscal Year 2014.

Parallels, Inc. Key Developments

Parallels Introduces its Newest Offerings to Address the Evolving Cloud Computing Opportunities for Small to Medium Businesses

Parallels introduced its newest offerings to address the evolving cloud computing opportunities for small to medium businesses (SMBs) at Parallels Summit 2014. According to Parallels recently released SMB Cloud Insights research, the global market for SMB cloud was $62 billion in 2013 and is projected to grow by 26% CAGR to more than $125 billion by 2016. The growth is largely being driven by increased use of cloud services, from 5 services in 2013 to more than 9 services by 2016. Businesses are getting their services from many providers, which results in more time and resources spent managing IT and service providers not maximizing their opportunities. In order to capture these opportunities, hosters and service providers need to have the right underlying platform to be able to deliver a relevant, integrated and easy-to-use set of services to their customers. Parallels makes that possible. Parallels Automation with APS 2 is the leading platform for SaaS delivery with more than 500 services available through private, public and hybrid clouds. Now, Parallels Automation with APS 2 is also the leading platform for IaaS delivery. With Parallels Automation, a single platform now manages and provisions IaaS based on the leading Cloud Management Platforms and leading Virtualization and Storage solutions. This gives Parallels partners the choice they need to take advantage of market growth with the technologies customers prefer to support a diversity of use cases - including virtual data centers, business applications, enterprise applications, e-business hosting, test and development, batch computing, and SaaS applications. Parallels Plesk is the leading Web Management solution designed for shared hosting businesses, designers, digital agencies, SMB IT professionals and application developers - each optimized to how they use Plesk on a day-to-day basis. New Cloud Services Solutions: Parallels Plesk 12 provides a new security core with Atomicorp ModSecurity rules that provide powerful server-to-site security right out of the box, and a new WordPress toolkit that will help hosters mass-manage and secure multiple wordpress installs, including all plug-ins and themes, in their infrastructure. This will provide a better and more secure customer experience. Windows Azure Pack APS Package enables service providers to rapidly deploy Microsoft's Windows Azure Pack services through the APS for Parallels Automation. The Windows Azure Pack helps service providers to offer the advanced cloud capabilities of Windows Azure services based on their own infrastructure. These technologies include the ability to offer IaaS and hosted databases with virtual networks, high-density scalable web sites, as well as an enterprise service bus. The Parallels Automation environment allows for seamless provisioning of these new services, as well as the consolidated billing with other offerings in the service provider's environment. Flexiant Cloud Orchestrator APS Package enables the rapid deployment of highly differentiated public infrastructure as a service (IaaS) cloud offerings based on the Flexiant Cloud Orchestrator (FCO) with automated billing, provisioning and customer management provided by Parallels Automation. When the Flexiant APS Package is deployed with Parallels Automation, FCO provides compute, network and storage orchestration; end user self-service control panels; APIs; and support for a full range of virtualization technologies including Parallels Cloud Server. APS Packaged IaaS offerings now available from IBM/Softlayer and Hostway. For service providers who want a low barrier to entry and fast time to market IaaS solution, both IBM/Softlayer and Hostway have APS packages to enable syndication of their infrastructure through Parallels Automation. IDSync APS package from InnerApps enables hybrid cloud scenarios by leveraging the APS 2 Service Bus. Utilizing the IDSync Open AD integration methods, ISVs can build on two-way Active Directory data integration, advanced provisioning, and automated service discovery and configuration for any cloud offering which exploits the unique features of APS 2. This creates exciting new opportunities for service providers to offer unique upselling experiences based on discovery of compatible services, while at the same time providing unified login capabilities. Parallels Cloud Server, the only complete solution for cloud virtualization and cloud storage, is now integrated with Flexiant Cloud Orchestrator (FCO) to enable service providers using Flexiant Cloud Orchestrator to deploy cloud infrastructure based on high-performance, high-density Parallels Cloud Server virtualization and storage. Parallels Cloud Server combines Parallels Cloud Storage with Parallels Containers and Parallels Hypervisor to dramatically improve server performance, reliability and profitability.

Parallels Announces Parallels Business Solutions

Parallels(R) announced Parallels Business Solutions, giving businesses the tools necessary to succeed in a mixed Windows and Mac world. Parallels Business Solutions, which include updates to Parallels Management Suite and Parallels Desktop for Mac Enterprise Edition, plus the just-released Parallels Access app for iPad enables IT departments to simply maintain compliance and control while still embracing the technology employees need. IT professionals can protect their investments in Windows-based applications because now they can deliver them on Macs, leverage existing Microsoft System Center Configuration Manager (SCCM) infrastructure and skills to fully manage Macs and virtual machines, and unleash productivity by giving employees the freedom to use any Mac or PC app remotely as if it was made for an iPad. Parallels Desktop for Mac Enterprise Edition helps businesses: Set an expiration date for a virtual machine, IT Administrators can set up a virtual machine that stops functioning at a specific date, allowing them to limit access to corporate information to contractors or other temporary workers. Headless mode Configure a virtual machine to automatically start at host computer boot without the admin needing to log in to the computer and start the virtual machine. Enhanced support for setting Parallels Desktop and virtual machine settings using command line tool. Enhanced Mass Deployment tools and guide give IT administrators greater choice and control when deploying virtual machines. Command Line Interface password protection IT Administrators can change or reset user passwords on virtual machines using the Command Line Interface. Remote Password Reset for virtual machines IT Administrators can remotely reset a user password if they forget their Windows virtual machine credentials. IT Administrators can now set a virtual machine to show the Windows lock screen and require a user name and password when resuming from suspend.

Parallels Unveils Support for Microsoft Azure Pack for Hosting Providers

Parallels unveiled support for a Microsoft Azure Pack for hosting providers and updates to a collection of cloud service delivery solutions for Microsoft partners. The solution, developed in collaboration with Microsoft's server and tools business group, is in addition to the new support of Microsoft Azure Pack for Hosting. Parallels has also updated its support for Microsoft Lync 2013 Hosting Pack, Microsoft Exchange 2013 and Microsoft Office 365.

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