This section explains everything you need to know to activate and/or update the license required to access and use Magic Collaboration Studio features. After installing Magic Collaboration Studio , you need to first install a FlexNet License Server before activating the TWCloud license. TWCloud uses the FlexNet License server to protect manage its licensesand help manage the number of TWCloud licenses used by concurrent clients. . So before applying a license to the product, follow these steps You need to import a floating license key of TWCloud to the FlexNet License Server before you can activate it from the Teamwork Cloud Admin (TWCloud Admin).