OSv reduces the memory and cpu overhead imposed by traditional OS.
Scheduling is lightweight, the application and the kernel cooperate,
memory pools are shared. It provides unparalleled short
latencies and constant predictable performance, translated directly to
capex saving by reduction of the number of OS instances/sizes.
OSv runs on top of unmodified KVM, Xen and Amazon EC2 (HVM only, debug mode).
VMware support is planned later on this
year. Public, private, enterprise virtualization and even developer's
laptop, we'll support them all. Support for non x86 architectures is
planned in the future.
OSv is designed from the ground up to execute a single application on top of a hypervisor, resulting in superior performance and effortless management.
While it was built completely on Linux, OSv is not Linux. It is an operating system written in C++ and designed to optimize the performance of a single application in the cloud.
(For more of the technical details, see The Register's coverage of OSv's September launch.)