Complex sentence: Central Florida Institute of Technology (CFIT) was founded by United States Air Force veteran, Colin A. Harris in 2005 in Fort Walton Beach, Florida as Global Impact Empire Entertainment, an audio engineering, video production, and magazine publishing company.
Split into simpler sentences: Central Florida Institute of Technology (CFIT) was founded by United States Air Force veteran, Colin A. Harris in Fort Walton Beach, Florida in 2005. Operating under the name Global Impact Empire Entertainment, at that time, the company was established as an audio engineering, video production, and magazine publishing company.