Complex sentence: In late 2006, Acworth announced the purchase of The San Francisco Armory, and announced that Kink.com would move into the building to use as corporate offices and as a studio for producing its movies.
Split into simpler sentences: In late 2006, Acworth announced the purchase of The San Francisco Armory. He announced that Kink.com would move into the building to use as corporate offices and as a studio for producing its movies.