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XenSource Names Peter Levine President and CEO; Silicon Valley Veteran and Former VERITAS Executive Vice President Brings Extensive Technology and Management Experience to Infrastructure Virtualization Company.


PALO ALTO, Calif. -- XenSource, Inc., the leader in infrastructure virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used.

Hardware Virtualization
Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer.
 solutions based on the open source Xen hypervisor, today announced that Peter Levine will join the company as president and chief executive officer. Levine brings over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
 experience in the software industry, having played key roles in engineering, sales, marketing and executive management in startup and large corporate environments, as well as a significant role in the growth of many innovative technology companies as a former venture capitalist.

A recognized technologist and business leader, Levine was most recently a managing director at the Mayfield Fund. Prior to joining Mayfield, Levine was executive vice president for Strategic and Platform Operations at VERITAS Software Corporation, where he led worldwide marketing, OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  sales, business development including M&A and venture fund, and several new product and platform development groups. During his 11-year tenure, Levine helped to grow VERITAS from zero to more than $1.5 billion in revenue and from 20 employees to more than 6,000 worldwide.

"With more than 30,000 downloads since December, open source Xen is quickly re-shaping the virtualization marketplace," said Ian Pratt, Xen project leader and XenSource founder. "Peter brings the exceptional industry leadership, depth of experience and strategic insight to capitalize on the huge demand for Xen-based virtualization solutions. The Xen open source community can have complete confidence in Peter's commitment to the continued success of the project."

"My goal is to extend XenSource's position as the trusted leader in open source virtualization. The combination of next generation open source technology, the advent of hardware virtualization and an exploding growth market make XenSource a compelling opportunity," said Levine. "XenSource has tremendous growth potential and the ability to become the next leader in the infrastructure virtualization market."

Levine holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in engineering from Boston University and attended the Sloan School of Management at the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business,  (MIT MIT - Massachusetts Institute of Technology ). While at MIT, he worked on a variety of distributed computing projects A list of distributed computing projects. Berkeley Open Infrastructure for Network Computing (BOINC)

Main article: Berkeley Open Infrastructure for Network Computing
 at MIT's Project Athena, one of the most important models of next-generation distributed computing in the academic environment.

About XenSource, Inc.

XenSource, Inc. develops enterprise grade virtualization infrastructure solutions based on the industry's highest-performance virtualization technology, the open source Xen hypervisor. Founded and run by the original Xen development team, XenSource products allow enterprises to realize the TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI.  savings that result from server consolidation, increased utilization, and reduced complexity in the datacenter. For more information, visit www.xensource.com.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 15, 2006
Words:408
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