Excel 2013 crashes after click-to-run install with DisplayLinkManager driver

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After you install Excel 2013 or Office 2013 click-to-run and launch Excel 2013 it may crash, giving you the following error: "Microsoft Excel has stopped working".  

This problem can happen when the DisplayLinkManager driver is installed on the system. This problem is known to happen with DisplayLinkDriver versions 5.5.29055.0 or 5.6.30272.0.

To resolve this problem, update the DisplayLink driver. To do this, connect to https://www.displaylink.com/support/downloads.php and install any version of the DisplayLinkDriver later than 5.6.30272.0.

 Note:   The other Office Applications (Access, Word, PowerPoint, Outlook) will also crash if using the old DisplayLinkDriver.