Xform Computing Receives Investment from Parallels, Inc., Accelerates Cloud-based App Streaming Services for Mobile Devices

Grazed from PRNewsWire. Author: PR Announcement.

Xform Computing Inc., pioneer of the AlwaysOnPC Cloud-streaming mobile Apps and services, today announced that the company has received an investment from Parallels, Inc., a global leader in hosting and cloud services enablement and cross platform solutions. Xform and Parallels are collaborating across their technical, marketing and product teams to accelerate Xform’s AlwaysOnPC platform to address new applications and expand into more global markets and channels.

This collaboration also includes an investment by Parallels that will boost the next phase of Xform’s growth. "With its expertise in virtualization technology and cloud computing, Parallels is an ideal investor for Xform," said Kroum Antov, CEO of Xform. "Xform is building the next generation of Cloud App Streaming services and has a unique opportunity with Parallels for collaboration, especially in the areas of highly scalable infrastructure, and creating industry-leading user experience."…

The Xform services and apps use patented technology to host and stream an entire desktop experience, or individual applications to mobile and HDTV devices. Examples include Office suite, email, graphics, video, image editing, as well as Chrome or Firefox browsers with Flash, Java and HTML5, all securely accessible from tablets, smartphones and soon HDTVs.

"With global smartphone and tablet shipments topping one billion in a single year, there’s an increasing need for applications that improve efficiency and productivity on these devices," added Jack Zubarev, president of cross platform solutions at Parallels. "Parallels is pleased to work with Xform to take advantage of the market opportunity."

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