Hi, this is will depend on how you have port binding configured, the default which is static will assign and reserve a port for the VM on power on guaranteeing connectivity at all times. VMware KB: Choosing a port binding type in ESX/ESXi
If you have not changed the default, you VM will failover without losing connectivity.
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vfk
Systems Manager / Technical Architect
VCP5-DCV, VCAP5-DCA, vExpert, ITILv3, CCNA, MCP