Startup Eltechs has launched virtual machine that allow to run x86 codes on 
ARM. They say ExaGear Desktop (http://eltechs.com/product/exagear-desktop/) 
can run even Wine and hence Windows apps on ARM-based devices. 

News on Phoronix: http://www.phoronix.com/scan.php?page=news_item&px=MTgwMzc

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