ACCM was founded as Share Holder Enterprise for Electronics & Computers Manufacturing in 2004, started operation by Dec. 2005 under the Law of Investments, initial Investment capital is 25 million USD, share Holders are Al-Kharafi Group (71%), the rest ( 39%) is shared between Telecom Egypt, Ministry of Education, Arab Industrialization Corporation AOI, NOMP Banha, and Akhbar El-Youm Investment Company.