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2012.3 Install - After installation when launching Vivado I get "The application failed to initialize properly (0xc0150002). Click on OK to terminate the application.".
If you click the icon of Vivado, one error window will pop up. The error message is "The application failed to initialize properly (0xc0150002). Click on OK to terminate the application.".
The issue is that Vivado cannot run successfully if window OS (32bit or 64bit) is short of "Microsoft Visual C++ 2005 Redistributable Package ".
The Vivado can work successfully after installing the package.
Here is the link for downloading the package: