diff --git a/Makefile.objs b/Makefile.objs
index 3b7ec27..2cf8aba 100644
--- a/Makefile.objs
+++ b/Makefile.objs
@@ -10,6 +10,7 @@ qobject-obj-y += qerror.o
 block-obj-y = cutils.o cache-utils.o qemu-malloc.o qemu-option.o module.o
 block-obj-y += nbd.o block.o aio.o aes.o osdep.o qemu-config.o
 block-obj-$(CONFIG_POSIX) += qemu-thread.o
+block-obj-$(CONFIG_POSIX) += qemu-threadlets.o
 block-obj-$(CONFIG_POSIX) += posix-aio-compat.o
 block-obj-$(CONFIG_LINUX_AIO) += linux-aio.o
 
diff --git a/posix-aio-compat.c b/posix-aio-compat.c
index d5874d9..e6de882 100644
--- a/posix-aio-compat.c
+++ b/posix-aio-compat.c
@@ -27,33 +27,13 @@
 #include "qemu-common.h"
 #include "trace.h"
 #include "block_int.h"
-#include "qemu-thread.h"
+#include "qemu-threadlets.h"
 
 #include "block/raw-posix-aio.h"
 
-#define MAX_GLOBAL_THREADS  64
-#define MIN_GLOBAL_THREADS   8
-
 static QemuMutex aiocb_mutex;
 static QemuCond aiocb_completion;
 
-typedef struct ThreadletQueue
-{
-    QemuMutex lock;
-    QemuCond cond;
-    int max_threads;
-    int min_threads;
-    int cur_threads;
-    int idle_threads;
-    QTAILQ_HEAD(, ThreadletWork) request_list;
-} ThreadletQueue;
-
-typedef struct ThreadletWork
-{
-    QTAILQ_ENTRY(ThreadletWork) node;
-    void (*func)(struct ThreadletWork *work);
-} ThreadletWork;
-
 struct qemu_paiocb {
     BlockDriverAIOCB common;
     int aio_fildes;
@@ -80,10 +60,6 @@ typedef struct PosixAioState {
     struct qemu_paiocb *first_aio;
 } PosixAioState;
 
-/* Default ThreadletQueue */
-static ThreadletQueue globalqueue;
-static int globalqueue_init;
-
 #ifdef CONFIG_PREADV
 static int preadv_present = 1;
 #else
@@ -284,50 +260,6 @@ static ssize_t handle_aiocb_rw(struct qemu_paiocb *aiocb)
     return nbytes;
 }
 
-static void *threadlet_worker(void *data)
-{
-    ThreadletQueue *queue = data;
-
-    qemu_mutex_lock(&queue->lock);
-    while (1) {
-        ThreadletWork *work;
-        int ret = 0;
-
-        while (QTAILQ_EMPTY(&queue->request_list) &&
-               (ret != ETIMEDOUT)) {
-            /* wait for cond to be signalled or broadcast for 1000s */
-            ret = qemu_cond_timedwait((&queue->cond),
-                                      &(queue->lock), 10*100000);
-        }
-
-        assert(queue->idle_threads != 0);
-        if (QTAILQ_EMPTY(&queue->request_list)) {
-            if (queue->cur_threads > queue->min_threads) {
-                /* We retain the minimum number of threads */
-                break;
-            }
-        } else {
-            work = QTAILQ_FIRST(&queue->request_list);
-            QTAILQ_REMOVE(&queue->request_list, work, node);
-
-            queue->idle_threads--;
-            qemu_mutex_unlock(&queue->lock);
-
-            /* execute the work function */
-            work->func(work);
-
-            qemu_mutex_lock(&queue->lock);
-            queue->idle_threads++;
-        }
-    }
-
-    queue->idle_threads--;
-    queue->cur_threads--;
-    qemu_mutex_unlock(&queue->lock);
-
-    return NULL;
-}
-
 static PosixAioState *posix_aio_state;
 
 static void aio_thread(ThreadletWork *work)
@@ -373,68 +305,6 @@ static void aio_thread(ThreadletWork *work)
     return;
 }
 
-static void threadlet_io_completion_signal_handler(int signum)
-{
-    qemu_service_io();
-}
-
-static void threadlet_register_signal_handler(void)
-{
-    struct sigaction act;
-    sigfillset(&act.sa_mask);
-    act.sa_flags = 0; /* do not restart syscalls to interrupt select() */
-    act.sa_handler = threadlet_io_completion_signal_handler;
-    sigaction(SIGUSR2, &act, NULL);
-}
-
-void threadlet_init(void)
-{
-    threadlet_register_signal_handler();
-}
-
-static void spawn_threadlet(ThreadletQueue *queue)
-{
-    QemuThread thread;
-
-    queue->cur_threads++;
-    queue->idle_threads++;
-
-    qemu_thread_create(&thread, threadlet_worker, queue);
-}
-
-
-/**
- * submit_work: Submit to the global queue a new task to be executed
- *                   asynchronously.
- * @work: Contains information about the task that needs to be submitted.
- */
-static void submit_work(ThreadletWork *work)
-{
-    qemu_mutex_lock(&globalqueue.lock);
-
-    if (!globalqueue_init) {
-        globalqueue.cur_threads  = 0;
-        globalqueue.idle_threads = 0;
-        globalqueue.max_threads = MAX_GLOBAL_THREADS;
-        globalqueue.min_threads = MIN_GLOBAL_THREADS;
-        QTAILQ_INIT(&globalqueue.request_list);
-        qemu_mutex_init(&globalqueue.lock);
-        qemu_cond_init(&globalqueue.cond);
-
-        globalqueue_init = 1;
-    }
-
-    if (globalqueue.idle_threads == 0 &&
-        globalqueue.cur_threads < globalqueue.max_threads) {
-        spawn_threadlet(&globalqueue);
-
-    } else {
-        qemu_cond_signal(&globalqueue.cond);
-    }
-    QTAILQ_INSERT_TAIL(&globalqueue.request_list, work, node);
-    qemu_mutex_unlock(&globalqueue.lock);
-}
-
 static ssize_t qemu_paio_return(struct qemu_paiocb *aiocb)
 {
     ssize_t ret;
@@ -567,25 +437,6 @@ static void paio_remove(struct qemu_paiocb *acb)
     }
 }
 
-/**
- * dequeue_work: Cancel a task queued on the global queue.
- * @work: Contains the information of the task that needs to be cancelled.
- *
- * Returns: 0 if the task is successfully cancelled.
- *          1 otherwise.
- */
-static int dequeue_work(ThreadletWork *work)
-{
-    int ret = 1;
-
-    qemu_mutex_lock(&globalqueue.lock);
-    QTAILQ_REMOVE(&globalqueue.request_list, work, node);
-    ret = 0;
-    qemu_mutex_unlock(&globalqueue.lock);
-
-    return ret;
-}
-
 static void paio_cancel(BlockDriverAIOCB *blockacb)
 {
     struct qemu_paiocb *acb = (struct qemu_paiocb *)blockacb;
diff --git a/qemu-thread.h b/qemu-thread.h
index c5b579c..19bb30c 100644
--- a/qemu-thread.h
+++ b/qemu-thread.h
@@ -40,6 +40,5 @@ void qemu_thread_signal(QemuThread *thread, int sig);
 void qemu_thread_self(QemuThread *thread);
 int qemu_thread_equal(QemuThread *thread1, QemuThread *thread2);
 void qemu_thread_exit(void *retval);
-void threadlet_init(void);
 
 #endif
diff --git a/qemu-threadlets.c b/qemu-threadlets.c
new file mode 100644
index 0000000..4702c02
--- /dev/null
+++ b/qemu-threadlets.c
@@ -0,0 +1,148 @@
+/*
+ * Threadlet support for offloading tasks to be executed asynchronously
+ *
+ * Copyright IBM, Corp. 2008
+ * Copyright IBM, Corp. 2010
+ *
+ * Authors:
+ *  Anthony Liguori     <aliguori@us.ibm.com>
+ *  Aneesh Kumar K.V    <aneesh.kumar@linux.vnet.ibm.com>
+ *  Gautham R Shenoy    <gautham.shenoy@gmail.com>
+ *  Arun R Bharadwaj    <arun@linux.vnet.ibm.com>
+ *
+ * This work is licensed under the terms of the GNU GPL, version 2.  See
+ * the COPYING file in the top-level directory.
+ */
+
+#include <signal.h>
+
+#include "qemu-threadlets.h"
+#include "osdep.h"
+
+#define MAX_GLOBAL_THREADS  64
+#define MIN_GLOBAL_THREADS   8
+
+static ThreadletQueue globalqueue;
+static int globalqueue_init;
+
+static void threadlet_io_completion_signal_handler(int signum)
+{
+    qemu_service_io();
+}
+
+static void threadlet_register_signal_handler(void)
+{
+    struct sigaction act;
+    sigfillset(&act.sa_mask);
+    act.sa_flags = 0; /* do not restart syscalls to interrupt select() */
+    act.sa_handler = threadlet_io_completion_signal_handler;
+    sigaction(SIGUSR2, &act, NULL);
+}
+
+void threadlet_init(void)
+{
+    threadlet_register_signal_handler();
+}
+
+static void *threadlet_worker(void *data)
+{
+    ThreadletQueue *queue = data;
+
+    qemu_mutex_lock(&queue->lock);
+    while (1) {
+        ThreadletWork *work;
+        int ret = 0;
+
+        while (QTAILQ_EMPTY(&queue->request_list) &&
+               (ret != ETIMEDOUT)) {
+            /* wait for cond to be signalled or broadcast for 1000s */
+            ret = qemu_cond_timedwait((&queue->cond),
+                                         &(queue->lock), 10*100000);
+        }
+
+        assert(queue->idle_threads != 0);
+        if (QTAILQ_EMPTY(&queue->request_list)) {
+            if (queue->cur_threads > queue->min_threads) {
+                /* We retain the minimum number of threads */
+                break;
+            }
+        } else {
+            work = QTAILQ_FIRST(&queue->request_list);
+            QTAILQ_REMOVE(&queue->request_list, work, node);
+
+            queue->idle_threads--;
+            qemu_mutex_unlock(&queue->lock);
+
+            /* execute the work function */
+            work->func(work);
+
+            qemu_mutex_lock(&queue->lock);
+            queue->idle_threads++;
+        }
+    }
+
+    queue->idle_threads--;
+    queue->cur_threads--;
+    qemu_mutex_unlock(&queue->lock);
+
+    return NULL;
+}
+
+static void spawn_threadlet(ThreadletQueue *queue)
+{
+    QemuThread thread;
+
+    queue->cur_threads++;
+    queue->idle_threads++;
+
+    qemu_thread_create(&thread, threadlet_worker, queue);
+}
+
+/**
+ * submit_work: Submit to the global queue a new task to be executed
+ *                   asynchronously.
+ * @work: Contains information about the task that needs to be submitted.
+ */
+void submit_work(ThreadletWork *work)
+{
+    if (!globalqueue_init) {
+        globalqueue.cur_threads  = 0;
+        globalqueue.idle_threads = 0;
+        globalqueue.max_threads = MAX_GLOBAL_THREADS;
+        globalqueue.min_threads = MIN_GLOBAL_THREADS;
+        QTAILQ_INIT(&globalqueue.request_list);
+        qemu_mutex_init(&globalqueue.lock);
+        qemu_cond_init(&globalqueue.cond);
+
+        globalqueue_init = 1;
+    }
+
+    qemu_mutex_lock(&globalqueue.lock);
+    if (globalqueue.idle_threads == 0 &&
+        globalqueue.cur_threads < globalqueue.max_threads) {
+        spawn_threadlet(&globalqueue);
+    } else {
+        qemu_cond_signal(&globalqueue.cond);
+    }
+    QTAILQ_INSERT_TAIL(&globalqueue.request_list, work, node);
+    qemu_mutex_unlock(&globalqueue.lock);
+}
+
+/**
+ * dequeue_work: Cancel a task queued on the global queue.
+ * @work: Contains the information of the task that needs to be cancelled.
+ *
+ * Returns: 0 if the task is successfully cancelled.
+ *          1 otherwise.
+ */
+int dequeue_work(ThreadletWork *work)
+{
+    int ret = 1;
+
+    qemu_mutex_lock(&globalqueue.lock);
+    QTAILQ_REMOVE(&globalqueue.request_list, work, node);
+    ret = 0;
+    qemu_mutex_unlock(&globalqueue.lock);
+
+    return ret;
+}
diff --git a/qemu-threadlets.h b/qemu-threadlets.h
new file mode 100644
index 0000000..03bb86b
--- /dev/null
+++ b/qemu-threadlets.h
@@ -0,0 +1,43 @@
+/*
+ * Threadlet support for offloading tasks to be executed asynchronously
+ *
+ * Copyright IBM, Corp. 2008
+ * Copyright IBM, Corp. 2010
+ *
+ * Authors:
+ *  Anthony Liguori     <aliguori@us.ibm.com>
+ *  Aneesh Kumar K.V    <aneesh.kumar@linux.vnet.ibm.com>
+ *  Gautham R Shenoy    <gautham.shenoy@gmail.com>
+ *
+ * This work is licensed under the terms of the GNU GPL, version 2.  See
+ * the COPYING file in the top-level directory.
+ */
+
+#ifndef QEMU_ASYNC_WORK_H
+#define QEMU_ASYNC_WORK_H
+
+#include "qemu-queue.h"
+#include "qemu-common.h"
+#include "qemu-thread.h"
+
+typedef struct ThreadletQueue
+{
+    QemuMutex lock;
+    QemuCond cond;
+    int max_threads;
+    int min_threads;
+    int cur_threads;
+    int idle_threads;
+    QTAILQ_HEAD(, ThreadletWork) request_list;
+} ThreadletQueue;
+
+typedef struct ThreadletWork
+{
+    QTAILQ_ENTRY(ThreadletWork) node;
+    void (*func)(struct ThreadletWork *work);
+} ThreadletWork;
+
+void submit_work(ThreadletWork *work);
+int dequeue_work(ThreadletWork *work);
+void threadlet_init(void);
+#endif
diff --git a/vl.c b/vl.c
index aba805f..7b9a425 100644
--- a/vl.c
+++ b/vl.c
@@ -148,7 +148,7 @@ int main(int argc, char **argv)
 #include "qemu-config.h"
 #include "qemu-objects.h"
 #include "qemu-options.h"
-#include "qemu-thread.h"
+#include "qemu-threadlets.h"
 #ifdef CONFIG_VIRTFS
 #include "fsdev/qemu-fsdev.h"
 #endif
