(Bloomberg) -- Microsoft Corp. released a new version of Windows for running corporate networks, trying to take share from VMware Inc. and gain ground as companies seek to cut the cost of managing business programs.

Windows Server 2012 improves features for virtualization, which allows companies to cut costs by using fewer server computers in their data centers. More businesses are relying on virtualization technology amid the shift to so-called cloud computing, where information is managed and stored remotely, rather than on local software and hardware.

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