There are other twists to this story as well. I had purchased, over the years, Pro and Artist licenses (and USB e-Licensers) as well as an Elements for use on a desktop, laptop and “travel” laptop respectively, now I can chuck the C11 Artist dongle and it’s license along with the Elements license, but, OK, I’m willing to live with that because I can now activate Pro on all three.
However, the licensing system can “steal” a Pro license if you’re not careful – here’s my story:
Cubase 12 Pro license activated without asking for confirmation
I expect this issue will be addressed in time, but you can see how dangerous this might be e.g. in a school, were you to install Cubase on multiple machines (hint: don’t “authorise” the machines with your own login!)