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Moving from window xp pro to windows 7 pro

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I'm sure this question has been asked so my apologies b4 I even start. I'm moving from an xp pro environment on my old laptop to a windows 7 pro on a new laptop. I have used TI 9.xxx and am very happy with it. As I understand windows 7 does not talk to TI 9. So if I buy TI 10 or TI 11 can I install it on my old machine (window xp pro), do my complete backup. Then install from the same disk TI 10 or 11 and create the virtual drive.......drag and drop all my data to my new laptop and I'm good to go on my new machine. Bottom line my question is will TI 10 or 11 allow me to have 2 installs given the fact that I will erase the install on my old machine once I have a successful backup that I can then install on my new laptop???? Please don't yell at me, I'm sure the answer is posted somewhere already but I searched and could not find it. Thanks

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I don't understand these steps.
>Then install from the same disk TI 10 or 11 and create the virtual drive.......drag and drop all my data to my new laptop

If you need just to copy some data you can copy it (drag and drop or in any other way) to some temporary place from old laptop and then from this place to the new one, even without using TI. You can also restore backups made by old version using TI2010 or 2011. Yes, it will allow two installs. It's a whole another story if you want to restore the old environment inside the virtual machine.

Thanks for the response dev-anon. Ok all I want to do is take the data from my old laptop (not the OS or old environment) just data and transfer it to my new laptop. I wanted to intall say TI 11 on both machines so I could effect the transfer of all my data. I think your also suggesting that I can do it without TI. If I have only one licence can I do two installs of the TI 11??

No. You need one license per machine. If all you want is your data files copy them to an external hard drive or flash drive or network the two machines and copy them from one to other. You don't need TI if this all you want to do.