Complex sentence: The combined company turned into a corporation, known as Blackboard Inc., to prepare for growth and financing, and renamed the platform (built by the Cornell team) to Blackboard's CourseInfo; until the CourseInfo brand was dropped in 2000.
Split into simpler sentences: The combined company turned into a corporation, known as Blackboard Inc., to prepare for growth and financing. The new compnay (Blackboard Inc.) remaned platform (built by the Cornell team) to Blackboard's CourseInfo; until the CourseInfo brand was dropped in 2000.