Complex sentence: On October 2,2007, Microsoft announced it was purchasing Jellyfish.com for an estimated price of $50 million, with the intent of using the Jellyfish engine as part of their Live Search services in attempt to catch up to Google in the search market.
Split into simpler sentences: On October 2,2007, Microsoft announced the purchase of Jellyfish.com with an estimated price of $50 million. Microsoft intended to use the Jellyfish engine as part of their Live Search services in attempt to catch up to Google in the search market.