Complex sentence: Allied Aviation acquired the rights to Gilbert Trimmers'Trimcraft' small amphibious aircraft as the Trimmer, production of prototype Trimmers was taken up by Commonwealth Aircraft Co. as the Commonwealth C-170 Trimmer.
Split into simpler sentences: Allied Aviation acquired the rights to Gilbert Trimmers'Trimcraft' small amphibious aircraft as the Trimmer. Production of prototype Trimmers was taken up by Commonwealth Aircraft Company as the Commonwealth C-170 Trimmer.