New features and improvements in the .NET Framework 4 . drill down version from http://msdn.microsoft.com/en-us/library/ms171868.aspx for reference.
Application Compatibility and DeploymentThe .NET Framework 4 is highly compatible with applications that are built with earlier .NET Framework versions, except for some changes that were made to improve security, standards compliance, correctness, reliability, and performance.
In-Process Side by SideAn application to load and start multiple versions of the .NET Framework in the same process. For example, you can run applications that load add-ins (or components) that are based on the .NET Framework 2.0 SP1 and add-ins that are based on the .NET Framework 4 in the same process.
GlobalizationThe .NET Framework 4 provides new neutral and specific cultures, updated property values, improvements in string handling, and other improvements. For more information, see What's New in Globalization and Localization.
Garbage CollectionThe .NET Framework 4 provides background garbage collection. This feature replaces concurrent garbage collection in previous versions and provides better performance. For more information, see Fundamentals of Garbage Collection.
Dynamic Language Runtime The dynamic language runtime (DLR) is a new runtime environment that adds a set of services for dynamic languages to the CLR. The DLR makes it easier to develop dynamic languages to run on the .NET Framework and to add dynamic features to statically typed languages. To support the DLR, the new System.Dynamic namespace is added to the .NET Framework.
The expression trees are extended with new types that represent control flow, for example, System.Linq.Expressions.LoopExpression and System.Linq.Expressions.TryExpression. These new types are used by the dynamic language runtime (DLR) and not used by LINQ.
In addition, several new classes that support the .NET Framework infrastructure are added to the System.Runtime.CompilerServices namespace. For more information, see Dynamic Language Runtime Overview.
BigInteger and Complex Numbers The new System.Numerics.BigInteger structure is an arbitrary-precision integer data type that supports all the standard integer operations, including bit manipulation. It can be used from any .NET Framework language. In addition, some of the new .NET Framework languages (such as F# and IronPython) have built-in support for this structure.
The new System.Numerics.Complex structure represents a complex number that supports arithmetic and trigonometric operations with complex numbers.
TuplesThe .NET Framework 4 provides the System.Tuple class for creating tuple objects that contain structured data. It also provides generic tuple classes to support tuples that have from one to eight components (that is, singletons through octuples). To support tuple objects that have nine or more components, there is a generic tuple class with seven type parameters and an eighth parameter of any tuple type.
Parallel ComputingThe .NET Framework 4 introduces a new programming model for writing multithreaded and asynchronous code that greatly simplifies the work of application and library developers. The new model enables developers to write efficient, fine-grained, and scalable parallel code in a natural idiom without having to work directly with threads or the thread pool. The new System.Threading.Tasks namespace and other related types support this new model. Parallel LINQ (PLINQ), which is a parallel implementation of LINQ to Objects, enables similar functionality through declarative syntax. For more information, see Parallel Programming in the .NET Framework.