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SUBSEQUENT EVENTS
9 Months Ended
Jul. 31, 2019
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

15. SUBSEQUENT EVENTS

 

On August 5, 2019, we (through a newly-formed subsidiary) acquired substantially all of the assets of a U.S.-based robotics integration company for approximately $4.5 million.  This acquired business sells standardized robotic machine-tending systems for small to midsize machine shops and other manufacturing companies that utilize CNC machine tools.  The acquired business will operate as a wholly-owned subsidiary of Hurco Companies, Inc.