Parallels, founded in 2000, is a global leader in host & Cloud service and cross-platform solutions, with offices in North America, Europe, Asia and Australia, and more than 900 employees. Its products include Parallels Desktop Virtualization, server virtualization, Plesk server control panel, and automation. Parallels was formerly known as SWsoft. In January 2008, SWsoft officially changed its name to Parallels. In December 2018, Corel Canada announced the acquisition of Parallels.