Complex sentence: The company was originally founded as Data Downlink Corporation in 1996 by Steven Goldstein and Michael Angle, former executives of Knight-Ridder's Business Information Services division, the privately-held company was renamed Alacra, Inc. in June 2001.
Split into simpler sentences: The company was originally founded as Data Downlink Corporation in 1996 by Steven Goldstein and Michael Angle, former executives of Knight-Ridder's Business Information Services division. The privately-held company was renamed Alacra, Inc. in June 2001.