Install different version of same application in osx

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This is very similar to this unresolved question, but I would very much like to install two versions of the same application in OSX. How can you do this and what is the best way to do it?

Specifically, I currently have Parallels 5 installed on my laptop virtualizing, among other things, Ubuntu 10.04. I tried to install Ubuntu 12.04 this morning and there was a problem installing it in the old version of Parallels. As a work around, I was wondering if I can install Parallels 8 (alongside my existing version of Parallels) in which I can virtualize Ubuntu 12.04. Any suggestions here?

Update: I suppose I could use another virtual machine (e.g. VMWare) to host my second version of Ubuntu. I prefer the Parallels framework as a colleague of mine has been extremely dissatisfied with his VMWare experiment. I further suppose that I could risk updating Parallels but I am (unnecessarily?) concerned that the upgrade might affect my virtual machines.

dino

Posted 2012-09-14T12:38:35.160

Reputation: 151

Is VMWare not an option if you don't need to run programs at the same time? – Dave – 2012-09-14T12:45:45.393

Does Parallels have an installer, or is it a simple drag&drop into your Applications folder? – Darth Android – 2012-09-14T13:11:13.900

@Darth It has an installer since it creates virtual network interfaces et cetera – slhck – 2012-09-14T13:51:32.243

How does having an installer affect things? Is that what makes it problematic? – dino – 2012-09-14T21:47:14.113

Answers

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In the absence of a better solution, I ended up upgrading my Parallels. I suppose this was the obvious solution to begin with; I was just averse to trying such a thing in the middle of a rather large project. Thanks everyone for your comments and feedback.

dino

Posted 2012-09-14T12:38:35.160

Reputation: 151