Singing Machine to Acquire SemiCab, a Leading AI Logistics Technology Company
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. "We are very pleased to announce the acquisition of SemiCab," commented Gary Atkinson, CEO of Singing Machine. ...