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OpenVZ virtualization uses the concept of containers to run Linux only instances on the same hadware. OpenVZ is an operating system-level virtualization technology based. It allows a physical server to run multiple isolated different Linux distributions operating system instances, known as containers or Virtual Private Servers (VPSs), or Virtual Environments (VEs). It's similar to FreeBSD Jails and Solaris Zones. This article explains how to install and setup VEs under RHEL and CentOS Linux server 5.x.
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