I expect the majority of Oxide's customers are actively trying to escape Broadcom's VMWare hell. Can't see how something like that would make sense.

It makes sense for Broadcom to remove that avenue of escape, and it makes sense for Oxide's investors to charge a premium to Broadcom, and materialize their returns.

The customers will have to deal with it, of course. At least they bought physical systems instead of renting them, so they can use them until they're obsolete.

Makes sense for Broadcom.