Yes, but you typically need to uninstall from the original machine and deactivate the USB dongle. Floating licenses make this easier but cost extra.
"Anyone know what IEDScout is charging this year? Last year we paid $12k a seat, but they jacked it up for the new guys." iedscout license price
It was beautiful software. It was also shrouded in mystery. Yes, but you typically need to uninstall from