Singing Machine to Acquire SemiCab, a Leading AI Logistics Technology Company
MICSThe Singing Machine pany(MICS) GlobeNewswire News Room·2024-06-12 19:00

SemiCab Generated $6 Million Revenue in 2023 Fort Lauderdale, FL, June 12, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced it has executed a definitive agreement to acquire SemiCab, Inc. (“SemiCab”), a leading artificial intelligence technology company that optimizes freight for Fortune 1000 clients in the US and Indian markets. SemiCab’s AI technology was developed specifically to build a hype ...