What's technically interesting is that while the KVM hypervisor is an integral part of the Linux kernel, it's a feature that's only been available on the x86 architecture. Specifically, KVM needs either the Intel VT or AMD-V virtualization extensions in the chip to work.
So for IBM to make KVM available on IBM’s Linux-only Power Systems product lineup by 2014, IBM will need to port KVM to its Power chips. While IBM was short on details on how it will do this, IBM has been working on bringing KVM to Power since 2011 (PDF Link). It seems a safe bet that IBM will be able to bring KVM to its Power Systems server line within the next year.
One former IBM engineer speculated that since, "PowerVM is a very sophisticated and advanced hypervisor." IBM must be "porting KVM to Power so that it would have seamless integration into their existing cloud."