Mac OS X gets first open-source virtualisation tool
Sun has released a major update to its open-source desktop virtualisation tool xVM VirtualBox, adding support for Apple’s Mac OS X and Solaris host operating systems, in addition to other improvements.
Software makers such as Parallels have been making Mac OS X virtualisation software for some time, but Sun is the first to release an open-source virtualisation product for the platform.
Virtualisation technology allows several operating systems to run at the same time on a single physical host. VirtualBox runs as an application on a host operating system, on top of which various guest OSs can execute.
Source & More Info: ZDNet