This big tech deal is that Broadcom Inc. agreed to buy cloud-computing company VMware Inc. for about $61 billionat

Broadcom Inc decided to do the big tech deal in history

According to a statement on Thursday VMware shareholders can choose to receive either $142.50 in cash or 0.2520 shares of Broadcom stock for each VMware share

Brodcom to buy VMware deal biggest takeover ever for a chipmaker and extends an acquisition spree for Broadcom Chief Executive Officer Hock Tan

Hock Tan has built one of the largest and most diversified companies in the industry

This is Hock Tan the CEO of BROADCOM INC

The buy adds to a run of arrangements for the worldwide tech industry this year

Broadcom, one of the most significant organizations in the chip business, offers parts for everything from the iPhone to modern hardware.