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VMware, a software company founded in 1998, was one of the first commercially successful companies to offer x86 virtualization. The storage company EMC purchased VMware in 1994. Dell Technologies acquired EMC in 2016. VMware’s parent company is now Dell Technologies. VMware has many software products that run on desktops, Microsoft Windows, Linux, and macOS, which allows the virtualizing of the x86 architecture. Its enterprise software hypervisor for servers, VMware vSphere Hypervisor (ESXi), is a bare-metal hypervisor that runs directly on the server hardware and does not require an additional underlying operating system.
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A couple of methods....
Export and Import to an OVA (for free within VMware vSphere)
Part 10: HOW TO: Backup (Export) and Restore (Import) virtual machines to VMware vSphere Hypervisor 5.1 for FREE
This will archive them OFF the datastore.
or, you could copy and paste
HOW TO: Clone or Copy a virtual machine in VMware vSphere Hypervisor ESX/ESXi 4.x or ESXi 5.0
if you have vCenter Server, it's easier because you can just right click and select CLONE.
Do you really need to archive or backup ?
e.g. do you need to use the VM, or just "park it to one side and not in use or turned on?"