VMware player is virtualization product just like VirtualBox. It is free of charge for personal use offered by VMware corporation. VMware Player can run existing virtual appliances and create its own virtual machines (which require an operating system to be installed to be functional). It uses the same virtualization core as VMware Workstation, a similar program with more features, but not free of charge. VMware claims the Player offers better graphics, faster performance, and tighter integration than any other solution for virtualization. Read wiki about VMware Player.
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