Both Fusion 3 and the new Parallels Desktop 5 both support Aero under Windows Vista and 7 guests, and Parallels introduces 'skinning' to Windows applications and dialogs, making them appear Mac-like, whereas Fusion and VirtualBox do not offer such a high-level of integration. Like VMWare Fusion and VirtualBox, Parallels Desktop allows you to create a 'virtual machine' (VM) that runs Windows within macOS itself, and you can either run the VM within a window on the Mac. Being able to run Windows as if it were native to Mac has made virtualization less important, even more so when free alternatives such as VirtualBox are available. Perfect Virtualization of Windows operating systems. Download Parallels Desktop for Mac 12.2.1 Build 41615.
Parallels VM software also uses hypervisor technology (similar to VMware).
Parallels (or Parallels Desktop for Mac) is a virtualization software that offers hardware emulation virtualization for Mac computers with Intel chips.