Complex sentence: ChampionChip is a Nijmegen, The Netherlands based company, started in 1993 with a group of students to improve the time tracking in the Zevenheuvelenloop.
Split into simpler sentences: ChampionChip is a Nijmegen, The Netherlands based company. Its basis lies in 1993 with a group of students with the intention to improve the time tracking in the Zevenheuvelenloop.