Today VMware released the much anticipated vSphere. vSphere 4 is the upgrade to VI3.5 and will replace the VI name. VMware has also restructured their licensing to the following:
Small Business:
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Essentials
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Essentials Plus
Mid-Size & Enterprise Business:
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Standard
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Advanced
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Enterprise
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Enterprise Plus
To learn more about vSphere, or to download a free trial, visit http://www.vmware.com/products/vsphere/