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Yes, both can be installed on a machine. Ensure the License Management Tool is configured with a server name and site activation key to activate SELECTserver-based products. Also ensure that CONNECTION Client is signed in to activate CONNECT Licensing-based products.
No, CONNECT Licensing-based products utilize a completely separate online license server. The activation of CONNECT Licensing-based products is not dependent upon your SELECTserver configuration.
No, the license alerting feature configured in Entitlement Management applies to CONNECT Licensing-based products only. SELECTserver-based products do not have the capability to report usage in real time like CONNECT Licensing-based products. The license alerting feature will not work as intended unless all users in an organization using a specific product upgrade to a CONNECT Licensing-based version. Please refer to the following list of products using CONNECT Licensing.