The money spigot for virtualization is still flowing, with Goldman Sachs & Co. leading a $12-million round of funding for Menlo Park, Calif.-based Pano Logic. The startup virtualizes the desktop to the point where none of the client computers needs an operating system. IT managers find that sexy, but Pano will have to differentiate itself from blade computing and other client-server “solutions” such as application streaming. When VMware purchased Thinstall earlier this month it gave the entire desktop virtualization category some cachet.
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