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LabView 4.0 Application

We currently have a labview 4.0 application running on a Xycom industrial computer with windows 95. The industrial computer is failing and we may need to run the application on a desktop PC. How does Labview work with the run application?
Is there a way to load the application on another machine and use it or do we have to purchase more software? Does it run with a Run License?
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You don't say whether this is a built application (EXE) or not. If it's an EXE you should be able to install it on as many computers as you want along with any hardware drivers that it might need (i.e. GPIB, DAQ). Things get a little tricky if you're using the LabVIEW development system to run the program. If you have a LabVIEW license for the old computer and want to run it on another computer at the same time, then you would need another LabVIEW license for each computer that you want to install it on. You could also create a generic EXE that loads any top level VI and in that case you would not need any addtional licenses I believe.
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