Complex sentence: The new company called Thinkparq will take over sales, customer service, and professional support while Fraunhofer ITWM will continue to drive the further development of the software.
Split into simpler sentences: The new company called Thinkparq will take over sales, customer service, and professional support. While ThinkParQ will take over customer support and sales, Fraunhofer ITWM will continue to drive the further development of the software.