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Hi Ti Support
As metioned above, CCSv5 "failed to create the Java Virtual Machine" after I install the java jdk1.8. Before I installed jdk1.8 it can start up successfully. I think is there any problem in this for the Java machine for I found "Dosgi.requiredJavaVersion=1.5" in ccstudio.ini.
Glad to hear the problem is solved.
For future reference, if you do hit this error again, take a look at this related thread for tips to resolve it.