Hyper-V is the name for the next generation hypervisor-based server virtualization technology from Microsoft.
This is included in Windows Server 2008 as a role and enables you to create and manage virtual servers or machines.
A free version of this also available which is named as Microsoft Hyper-V Server 2008. This is a Windows core having only the Hyper-V functionality enabled.
If interested better visit the following sites.
http://en.wikipedia.org/wiki/Hyper-V
http://www.microsoft.com/windowsserver2008/en/us/hyperv-overview.aspx
http://www.microsoft.com/windowsserver2008/en/us/hyperv-faq.aspx
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