TSM Studio Server V3 requires new licenses, if your support maintenance is up-to-date or you have purchased TSM Studio Server after the 1st of August 2013 then the licenses are free of charge, for all other TSM Studio Server V2 customers the upgrade cost is 75% of the full price.
We will be issuing licenses to eligible customers over the coming months. If you would like your upgrade keys sooner please send an email to licensing@spiritsoftware.biz
Configuring access to the database has changed so please read the installation instructions found here https://www.spiritsoftware.biz/tsm-studio-documentation/. But you can point to your version 2 database. TSM Studio Server V3 will upgragde the database the first time it connects to the database.