vSphere Upgrade describes how to upgrade or migrate to vSphere 5.0 Update 1.
To learn how to simplify and automate your datacenter upgrade, see the vSphere Update Manager Installation and Administration Guide.
If you have legacy versions of ESX, ESXi, and vCenter Server, and you want to move to VMware vSphere™ 5.0 Update 1 by performing fresh installations of vSphere components without preserving existing configurations, see the vSphere Installation and Setup documentation.