Original sentence: The Company was originally founded by David Taylor and Christopher Sharples in 1981 as Intercom Data Services (IDS): it was later renamed royalblue Group plc, and consisted of two separate operating divisions, royalblue Finance and royalblue technologies
Edited sentence: The Company was originally founded by David Taylor and Christopher Sharples in 1981 as Intercom Data Services (IDS): it was later renamed royalblue Group plc, and consisted of two separate operating divisions, royalblue Finance and royalblue Technologies