You are correct! Latest version is Cisco prime LMS 4.2. There is no direct upgrade from LMS 3.x to LMS 4.x.
The procedure is simple:
Take backup orf old LMS --> Un-install (if same machine)--> Install new LMS --> Restore backup to get old data.
You would need to purchase new license for it.Cisco Prime LMS is now part of the Cisco Prime Infrastructure bundle and is not orderable separately. Cisco Prime Infrastructure bundle follows a size-based incremental licensing model. Device licenses can be combined and added when applied to a single server installation instance. Customers have the option of adding incremental licenses for additional devices as their network grows.Refer to the Cisco Prime Infrastructure Ordering Guide located at http://www.cisco.com/go/primeinfrastructure for the exact part number that matches your requirement and placing the order.
Currently even SmartNet or SAS contracts does not cover major upgrades from LMS 2.x and 3.x; an upgrade part number will need to be purchased to move to Cisco Prime LMS 4.2. These upgrade part numbers reflect a significant discount to protect customers' investment in the Cisco Prime product line.
The data migration process will vary depending on the LMS version from which the data need to be migrated. Migrating data to LMS 4.2:
• LMS 4.2 supports local upgrade or direct inline upgrade only from LMS 4.0.1 and LMS 4.1.
• LMS 4.0 customers are encouraged to install LMS 4.0.1 before doing inline upgrade to LMS 4.2.
• LMS 3.2 and LMS 3.2 Service Pack 1 customers can do a remote upgrade through the LMS backup and restore mechanism.
• LMS 3.1, LMS 3.0, LMS 3.0 December 2007 Update, LMS 2.6, and LMS 2.6 Service Pack 1 customers need to do a remote upgrade to LMS 4.0.1 and then upgrade to LMS 4.2.
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