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Xen - Open Source Virtualization
The Xen hypervisor is a layer of software running directly on computer hardware replacing the operating system thereby allowing the computer hardware to run multiple guest operating systems concurrently. It suppors x86, x86-64, Itanium, Power PC, and ARM processors allow the Xen hypervisor to run on a wide variety of computing devices.
Libvirt - The virtualization API
Libvirt is collection of software that provides a convenient way to manage virtual machines and other virtualization functionality, such as storage and network interface management. These software pieces include an API library, a daemon (libvirtd), and a command line utility (virsh). It provides a single way to manage multiple different virtualization providers/hypervisors like Xen, OpenVZ, VirualBox, Microsoft Hyper-V hypervisor, VMware.