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godaddy centos server nginx and apache running simultaneously

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linux-howto

http://serverfault.com – Ive got a godaddy centos server running a few domains on apache. I now need to install a new domain which will host an app and requires Nginx service. Can I run both of these webservers off the same dedicated server? I would need 2 ips no? How might I proceed? Any insight is appreciated. thanks, (HowTos)