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How do I share between my newly installed individual license, and the concurrent license available with more toolboxes (2020b)?

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I found an answer below that suggests that I can share between and Individual license and a concurrent license.
Does this work for Matlab version 2020b?
Thank You for your support.

Accepted Answer

Maadhav Akula
Maadhav Akula on 24 Dec 2020
Hi William,
Yes it is possible, additionally you can refer this post as well:
If you happen to face any difficulties with your installation, reach out to MathWorks Support:
  1 Comment
William Murray
William Murray on 29 Dec 2020
I did the following:
1. Install and activate MATLAB and the toolboxes from the Individual or Designated Computer license.
Fixed Point Designer is not available in the Individual license due to cost constraints, but it is shared via a concurrent license. I used a Fixed Point Designer command to test the license share.
2. Run the install program again for the concurrent license. The Individual license is recognized, and it by default suggested installing the remaining uninstalled toolboxes from the Concurrent license. When prompted to browse to a license file, I pointed to a copy of the license.dat file from the Concurrent license server.
I was able to access toolboxes from both licenses. A license yields my Individual license number.
And the fixed point toolbox is also available.
>> a1 = fi(0.75,true,24,23)
a1 =
DataTypeMode: Fixed-point: binary point scaling
Signedness: Signed
WordLength: 24
FractionLength: 23
Excellent! Now I don't have to have two separate Matlab installations.
Thank you Maadhav Akula.

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