However, before moving on to these improvements, it’s worth talking about compatibility. Parallels Desktop 17 now ships with improved performance on Mac M1 computers, as well as full support for the upcoming macOS Monterey and Windows 11 operating systems. In addition to making a version of Parallels that can run on Chrome OS for the first time, the company also had to figure out how to quickly get its software to work with the new ARM-based Mac M1s that arrived last fall. Parallels, the company best known for its virtualization software that lets you run Windows and Linux right on your Mac, has had a busy year.