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What do I do if my Mentor Graphics ModelSim software is not recognizing my license?

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What do I do if my Mentor Graphics ModelSim software is not recognizing my license?

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You must upgrade the Mentor Graphics® ModelSim® vendor license daemon (mgcld.exe) to the latest version. You can download the latest vendor license daemons, including mgcld.exe, from Altera—s license daemon downloads page.

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