Keil-MDK Community and Keil Studio for VSCode installation on the same PC - can they coexist without side effects?

Hello team,

I intend to use Keil-MDK and ARM Keil Studio (AKS) for VSCode on the same computer. Both will be the Community versions for the moment. Can they coexist without side effects?

What is the proper sequence of steps for installing the two products together without interfering with each other? Should I install AKS first and MDK after? Or MDK first and AKS after? Does it matter?

Considering the two installed, what's the best way to convert MDK projects into AKS projects so that they can use the settings properly translated (like paths, file names, configuration, etc.) What is the structure of the manifest file that can help the process to have a predictable conversion?

Is it possible to do the opposite? I.e. convert AKS projects into MDK projects.

A list of prerequisites and steps for the process would be helpful.

Thank you,

Stefan