You want to move from using physical servers to using virtual servers/machines (VMs) while utilizing the same hardware that is currently in place. You need to make sure this is possible, what feature must your CPU support?
Multiple cores
Dual voltage options
Hyperthreading
Virtualization
If your processor does not support virtualization you cannot run VMs on the server. Hyperthreading and multicore processors are nice-to-have but not essential. Dual voltage options are for power supplies, not processing.
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