Over 200 new sequences are generated for members of the genus Acremonium and related taxa including ribosomal small subunit sequences (SSU) for phylogenetic analysis and large subunit (LSU) sequences for phylogeny and DNA-based identification. Phylogenetic analysis reveals that within the Hypocreales, there are two major clusters containing multiple Acremonium species. One clade contains Acremonium sclerotigenum, the genus Emericellopsis, and the genus Geosmithia as prominent elements. The second clade contains the genera Gliomastix sensu stricto and Bionectria. In addition, there are numerous smaller clades plus two multi-species clades, one containing Acremonium strictum and the type species of the genus Sarocladium, and, as seen in the combined SSU/LSU analysis, one associated subclade containing Acremonium breve and related species plus Acremonium curvulum and related species. This sequence information allows the revision of three genera. Gliomastix is revived for five species, G. murorum, G. polychroma, G. tumulicola, G. roseogrisea, and G. masseei. Sarocladium is extended to include all members of the phylogenetically distinct A. strictum clade including the medically important A. kiliense and the protective maize endophyte A. zeae. Also included in Sarocladium are members of the phylogenetically delimited Acremonium bacillisporum clade, closely linked to the A. strictum clade. The genus Trichothecium is revised following the principles of unitary nomenclature based on the oldest valid anamorph or teleomorph name, and new combinations are made in Trichothecium for the tightly interrelated Acremonium crotocinigenum, Spicellum roseum, and teleomorph Leucosphaerina indica. Outside the Hypocreales, numerous Acremonium-like species fall into the Plectosphaerellaceae, and A. atrogriseum falls into the Cephalothecaceae. Key words: Acremonium, Cephalothecaceae, Gliomastix, holomorph concept, Leucosphaerina, nomenclature, Sarcopodium, Sarocladium, Trichothecium. Taxonomic novelties: Trichothecium sympodiale Summerbell, Seifert, & Schroers, nom. nov.; Gliomastix roseogrisea (S.B. Saksena) Summerbell, comb. nov., Gliomastix tumulicola (Kiyuna, An, Kigawa & Sugiy.) Summerbell, comb. nov., Sarocladium bacillisporum (Onions & Barron) Summerbell, comb. nov., Sarocladium bactrocephalum (W. Gams) Summerbell, comb. nov., Sarocladium glaucum (W. Gams) Summerbell, comb. nov., Sarocladium kiliense (Grutz) Summerbell, comb. nov., Sarocladium ochraceum (Onions & Barron) Summerbell, comb. nov., Sarocladium strictum (W. Gams) Summerbell, comb. nov., Sarocladium zeae (W. Gams & D.R. Sumner) Summerbell, comb. nov., Trichothecium crotocinigenum (Schol-Schwarz) Summerbell, Seifert, & Schroers, comb. nov., Trichothecium indicum (Arx, Mukerji & N. Singh) Summerbell, Seifert, & Schroers, comb. nov., Trichothecium ovalisporum (Seifert & Rehner) Seifert & Rehner, comb. nov.