VMware Workstation 8.x and later rely upon vCenter Converter Standalone to virtualize a physical machine. Although, Converter is bundled with Workstation, the two products are installed independently from one another. As a result, Converter can be upgraded to a new version (if available) without upgrading Workstation.
Although Workstation includes vCenter Converter Standalone, it is not installed by default. To install Converter:
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To upgrade vCenter Converter Standalone, download the latest version from the VMware Download Center. Install it as a standalone program, to the default location. This allows VMware Workstation to use the updated version.