Complex sentence: The company was founded in 1996 by Phillip Merrick and Caren Merrick to use Web standards such as HTTP and (later) XML to allow software applications to communicate with one another in real time.
Split into simpler sentences: The company was founded in 1996 by Phillip Merrick and Caren Merrick. Their idea was to use the new standards of the Web such as HTTP and (later) XML to allow software applications to communicate with one another in real time.