Physically, yes. As long as their installations and data are completely separate, and the machine can take the load, it works fine (says he who once ran five on one box)
You will need separate licences for each installation (Assuming they are all "production" - if you've got production, dev and test, you need one full production licence and you can use your dev licences for the non-prod stuff)
Edit - I forgot... Do NOT try to run them in the same container (tomcat), and you'll need to run them on different ports
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