Here's a head scratcher...
I also have VirtualBox on this machine. My Matlab license is not installed on a virtual machine and should have no relation to the presence of VirtualBox. I had disabled the 'VirtualBox Host-Only Network' adapter when I was reconfiguring the new static IP when I went to work on the other equipment on a separate subnet.
For some reason, Matlab's license manager doesn't like the changing of a machine's network topology. Meaning, when I reenabled the VirtualBox network adapter (that has nothing to do with Matlab) the problem went away.
Again, head scratcher...