Actually Microsoft haven't EOLed non-cloud stuff yet:
Windows Server 2012 Essentials has been designed to give you the flexibility to choose which applications and services run on-premises and which run in the cloud. In contrast to Windows SBS Standard, Essentials offers lower up-front acquisition and deployment costs. It allows you to take advantage of cloud-based messaging offerings while enjoying an integrated management experience by subscribing to Office 365 or a hosted Exchange service. If you prefer a fully on-premises solution, you have the option of running Exchange Server on a second server (either as a physical or virtual machine) alongside Essentials with the same integrated management experience.
