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Red Hat Enterprise Virtualization 3.4 brings updated KVM virtualization to RHEL 7 and OpenStack.



From ZDNet:
Yes, Red Hat is embracing Docker containers for application virtualization, but it's still strongly supporting Linux's built-in Kernel-based Virtual Machine (KVM) in its just released Red Hat Enterprise Virtualization (RHEV) 3.4. After all, Red Hat sees both as bridges to an OpenStack cloud-based future.
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In this latest RHEV release, Red Hat states that it brings new "enhancements for traditional virtualization infrastructure, guest support for the newly released Red Hat Enterprise Linux (RHEL) 7, as well as advanced OpenStack [cloud] support across compute, storage and networking."
  Red Hat looks to the OpenStack cloud with Red Hat Enterprise Virtualization 3.4