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Big networking vendors have discovered network virtualization for themselves. However, not only hardware appliances, but also open-source solutions have various means of virtualising networks.Hosting an IaaS cloud, you are faced with the challenge of isolating VMs, implementing private internal networks, billing and accounting, firewalls and shaping. And all these challenges should not affect the rest of your (non-virtualized) network. Using OpenVSwitch, you can tackle many of these tasks. In this session, we show you the caveats, but also the exciting possibilities of open-source network virtualization in practical examples.