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missing msvcr120.dll in v3.1 emulator

I just upated to version 3.1 IDE (windoze).

When I start the emulator, i get a message that it cannot find the msvcr120.dll, and cannot proceed (actually, I get two dialog messages).

I tried this again on a tizen v2.5 IDE, and it still works: no missing dll message.

Haven't tried on ubuntu system yet.

I have tried all of the fixes I found on google, but none seem to work.

 

Any ideas?

 

TIA

ken