Microsoft Enterprise Desktop Virtualization (MEDV) provides companies with a way to provide virtual machines to end users that are managed centrally.  It helps solve application compatibility problems – you can give users a virtual machine with their legacy apps, and the apps appear to run seamlessly side by side with other apps on their Windows 7 desktop.
The MEDV team is working hard on a new version, here is a sneak preview of the next version of MED-V.

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You can find out more about MEDV at https://www.microsoft.com/medv