Complex sentence: In 1958 the company was acquired by the Smith Corona typewriter company in a diversification move that proved unsound; the company which was now known as SCM, tried to stay competitive by introducing the SCM Cogito 240SR electronic calculator in 1965.
Split into simpler sentences: In 1958 the company was acquired by the Smith Corona typewriter company in a diversification move that proved unsound. The company now known as SCM, tried to stay competitive by introducing the SCM Cogito 240SR electronic calculator in 1965.