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SolidWorks Workgroup PDM - Update

Question asked by Frank Cornelius on Feb 26, 2014
Latest reply on Mar 6, 2014 by Chris Champions

I am updating Workgroup PDM from 2012 SP2.0 to 2014 SP2 and when I update I receive message that a default vault was not found and to enter PDM vault location. I enter vault file name and receive "Vault did not respond. Enter information again". What is correct vault name to enter and doesn't earlier version know vault location/name?