Complex sentence: BTEC was formed in 1984 from the Business Education Council (BEC) and the Technician Education Council (TEC) later in 1996 "University of London Examinations & Assessment Council" ("ULEAC") and BTEC merged to form Edexcel.
Split into simpler sentences: BTEC was formed in 1984 from the Business Education Council (BEC) and the Technician Education Council (TEC). In 1996, "University of London Examinations & Assessment Council" ("ULEAC") and BTEC merged to form Edexcel.