This paper presents a PMAC-based combined CNC machine that integrates technologies of ultrasonic machining, electrical discharge machining and high speed grinding. As a multifunctional machine, it can provide diverse machining methods for different materials. For hard and brittle materials, it can conduct ultrasonic machining and high-speed grinding respectively or in a combined form; for conductive hard and brittle materials, electrical discharge machining with or without ultrasonic vibration could be implemented. Driven by AC servomotors, the mechanical structure of the vertical machine is mainly composed of a cross workbench for work piece handling, and a spindle head for tool feeding or high speed rotating. Besides those mentioned above, the system management program, the pulse power generator as well as the ultrasonic generator are also analyzed in this paper. Experimental results show that this machine has a wide range of application indeed and is suitable for various materials processing.