I didn’t realize that Oracle VM could do hardware partitioning until the question was raised on Oracle-L and I looked into it. I use Oracle VM for some Fusion Middleware and R12 environments but nothing overly complex.
I checked the Oracle VM FAQ document and one of the questions was, “How does partitioning relate to software licensing?” The answer points to the following document which talks software vs hardware partitioning:
That document refers to the following article which explains how to configure hardware partitioning:
The information can also be found on Oracle’s Wiki: