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Microsoft has released System Center Virtual Machine Manager (VMM) 2012 Release Candidate



System Center Virtual Machine Manager (VMM) 2012 delivers industry leading fabric management, virtual machine management and services deployment in private cloud environments. VMM offers key new features that include hypervisor creation and management, network management, storage management, private cloud creation, self-service usage and service creation. It features deep investments in server application virtualization, service design and service modeling all of which can be used to efficiently offer an on-premises private cloud.
  System Center Virtual Machine Manager 2012 RC Evaluation