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Can't install new SP3 site on new server (VM)

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I'm getting the following error from the manager (2.0.19.8) when installing a new site (with or without a database):
 
Cannot install files: The installation failed, and the rollback has been performed. [The service cannot be started, either because it is disabled or because it has no enabled devices associated with it]
 
It's up to the point "Running assembly installer for /bin/episerver.dll'
 
Does anyone have any idea what this means?
 
Thanks 
#23662
Sep 12, 2008 5:33
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