Premiere Elements 11 gives error "encountered a problem installing shared technologies" and does not install.

I have Photoshop Elements 11 installed but Premiere Elements will not install due to the problem installing shared technologies. I would appreciate any suggestions as to how to fix the issue. I tried the installation several times.

205EdMLewis
On what computer operating system is your Premiere Elements 11 running on? For now I will assume Windows 7, 8, or 8.1 64 bit. Are you installing the program from
an installation disc or from installation files?
The Shared Technologies error is an old story that afflicts several versions of Premiere Elements on several different computer operating systems. My encounters with this error
have been using installation disc for the program involved.
There are numerous home remedies. The one that has been working for me lately and consistently has been the disabling of the OOBE Folder which is found
Local Disk C
Program Files (x86)
Common Files
Adobe
and in the Adobe Folder is the OOBE which you disable by changing the folder name from OOBE to OLDOOBE.
Please let us know if that worked for you.
Do not give up.
ATR

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Attachments:
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nokia.jpg ‏82 KB

http://betalabs.nokia.com/ovisuite
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Kitaguchi38
Date: Wed, 1 Jan 2014 19:39:00 -0800
From: [email protected]
To: [email protected]
Subject: problem with Adobe Premiere Elements 10 : error DW046
    Re: problem with Adobe Premiere Elements 10 : error DW046
    created by A.T. Romano in Premiere Elements - View the full discussion
kitaguchi38
When you get the message
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http://helpx.adobe.com/photoshop-elements/kb/preference-file-locations -photoshop-elements.html
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More later.
ATR
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Premiere Elements 11 gives error "encountered a problem installing shared technologies" and does not install.

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