Arria NLG
British company
Arria NLG plc is a New Zealand-based company with headquarters in the US. Arria offers artificial intelligence technology in data analytics and information delivery. It is one of the companies in the space of automatic text generation, with a focus on Natural Language Generation (NLG). When it floated on London's Alternative Investment Market (AIM) in December 2013, it was valued at over £160 million. However, Arria was later delisted from the stock exchange. Subsequently, Arria has raised over US$100 million from private sources. Arria's technology is based on three decades of scientific research in the field of Natural Language Generation (NLG).
History
The company was founded in 2009 under the name Data2Text Ltd. by Arria's Chief Scientist Professor Ehud Reiter, Senior Lecturer Dr Yaji Sripada, and post-doctoral researcher Dr Ross Turner from the NLG research group at the University of Aberdeen, and meteorologist/entrepreneur Ian Davy.
In May 2012, Data2Text joined forces with a specialist software development and marketing firm, Arria NLG (then a limited company), which took a 20% stake in Data2Text. In late 2013, Arria NLG acquired the remaining 80% of Data2Text, and in December 2013 Arria NLG converted to a public listed company and was floated on the AIM.
In September 2018, Arria shareholders approved a scheme of arrangement that placed a New Zealand holding company (Arria NLG Ltd.) over the original Arria UK company and its direct subsidiary, now known as Arria Data2Text Ltd.
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