Complex sentence: Timex Portugal launched improved versions, the TS 2048 and 2068; that company also developed and launched the FDD 3000, a floppy disk system, although it was not well received by the market.
Split into simpler sentences: Timex Portugal launched improved versions, the TS 2048 and 2068. That company also developed and launched the FDD 3000, a floppy disk system, although it was not well received by the market.