
In July last year,
Rackspace caused quite a splash in the cloud computing world when it
decided to opensource the software behind its cloud storage and computing
platforms to create
Openstack, an Iaas-based cloud platform (more on that from the
Scobleizer). Fast forward 9 months, and we are seeing over
60 companies worldwide (Dell, Cisco, Intel, NTT Data to name just a few) developing solutions based on Openstack. Tokyo-based
Midokura is currently working to solve a hard problem that has barely been tackled before: flexibly virtualizing networks. Midokura's key technology is called Midonet, a network virtualization platform that creates a control layer on top of the physical network. The company says it's the only one to have "a true virtual network model" in a cloud stack.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/OJSXZILHOTA/
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