Emtek
Indonesian technology, telecommunications, media, and diversified services group.
Last updated August 26, 2026
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Overview
Emtek is the trading name of PT Elang Mahkota Teknologi Tbk, an Indonesian conglomerate headquartered in Jakarta. The group began in 1983 as PT Elang Mahkota Komputer, a computer-distribution business founded by brothers Eddy Kusnadi Sariaatmadja and Fofo Sariaatmadja. Its early business centered on distributing Compaq computers to companies and government institutions, and it subsequently developed capabilities in networking, software, hardware manufacturing, very-small-aperture terminal services, and internet-service provision through affiliated businesses. The company changed its name to PT Elang Mahkota Teknologi in 1998. After the Asian financial crisis, Emtek began moving decisively toward mass media. In 2000, it partnered with Australian media executive John Singleton and acquired an interest in Surya Citra Media, the company associated with the SCTV television network. Emtek progressively increased its ownership and became SCTV's majority owner by 2005. The group later obtained control of Surya Citra Media and broadened its television portfolio through SCTV, Indosiar, O Channel, and other channels. O Channel was launched in 2004 with MRA Media Group, and Emtek took full control of the station in 2007. Emtek's transformation from a computer distributor into a media-led group accelerated as the Compaq distribution business became less central following Compaq's combination with Hewlett-Packard. In 2010, the company completed an initial public offering on the Indonesia Stock Exchange, making a portion of its ownership available to public investors. In 2011, Emtek acquired control of Indosiar through a purchase and subsequent mandatory tender offer. It also entered subscription television with NexMedia, later associated with the group's pay-television activities under Nex Parabola. The group has continued to diversify beyond conventional broadcasting. Through its digital and investment activities, Emtek has supported or invested in internet and financial-technology businesses, including Bukalapak and DANA. It has also expanded into healthcare through PT Elang Medika Corpora and into banking through the acquisition of Bank Fama International, completed in 2021. Its media portfolio includes free-to-air television, pay television, digital content, and related production and distribution activities. Emtek was also involved in the broadcasting of the 2018 Asian Games in Indonesia. The group is headed by Alvin Widarta Sariaatmadja as president director, while its operating identity remains closely associated with Indonesian mass media, digital services, and diversified technology-led investments.
History
Emtek was established in 1983 as PT Elang Mahkota Komputer by brothers Eddy Kusnadi Sariaatmadja and Fofo Sariaatmadja. The business initially distributed Compaq computers in Indonesia and supplied corporate and government customers. Its early technology activities extended beyond distribution through subsidiaries and affiliated companies involved in networking, software, hardware manufacturing, VSAT communications, and internet services. In 1998, the company adopted the name PT Elang Mahkota Teknologi, reflecting a broader technology orientation. Following the Asian financial crisis, management pursued a strategic shift into mass media. In 2000, Emtek partnered with Australian media executive John Singleton and acquired a partial interest in Surya Citra Media, the corporate vehicle associated with SCTV. Emtek increased its holding over time and reached majority control of SCTV by 2005. The group subsequently took control of Surya Citra Media and developed a wider television portfolio. O Channel was launched in 2004 through a partnership between Emtek and MRA Media Group. Emtek became the station's sole controller in 2007. As mass media became the group's principal focus, the original computer-distribution operation became less important, particularly after Compaq was combined with Hewlett-Packard. Emtek entered the public markets in 2010 by listing on the Indonesia Stock Exchange and offering a minority stake to investors. The group expanded its broadcasting position in 2011. It purchased a 27.24 percent interest in Indosiar from the Salim Group and subsequently obtained control of 84.77 percent of the company through the mandatory tender-offer process. That year it also introduced NexMedia, a subscription television service. The pay-television business later became associated with Nex Parabola, while the free-to-air portfolio included SCTV, Indosiar, O Channel, Moji, Ajwa TV, and Mentari TV. During the 2010s and 2020s, Emtek broadened its corporate scope beyond broadcasting. Its investment activities included support for digital businesses such as Bukalapak and DANA. Through PT Elang Medika Corpora, the group developed a healthcare platform and acquired interests in hospitals. The completion of the Bank Fama International acquisition in 2021 marked a further move into banking. Emtek also participated in major national media events, including the Indonesian broadcast coverage of the 2018 Asian Games. Emtek remains an active Indonesian listed group with media and technology at its core. Its present profile combines television networks, pay television, digital content and services, investment activities, healthcare, and financial services. Alvin Widarta Sariaatmadja is identified as the group's president director.
- 2021
Expansion into banking
[1]Emtek completed its acquisition of Bank Fama International.
- 2018
Asian Games broadcast participation
[1]Emtek acted as an official broadcaster for the Asian Games held in Indonesia.
- 2011
Indosiar acquisition and pay-TV entry
[1]Emtek acquired control of Indosiar and launched the NexMedia subscription television service.
- 2010
Indonesia Stock Exchange listing
[1]Emtek completed an initial public offering and became a listed Indonesian company.
- 2007
Full control of O Channel
[1]Emtek took full control of O Channel.
- 2005
Majority control of SCTV
[1]Emtek's ownership of SCTV reached majority control.
- 2004
O Channel launched
[1]Emtek and MRA Media Group launched O Channel as a local television station.
- 2000
Entry into television media
[1]Emtek partnered with John Singleton and acquired a partial interest in Surya Citra Media, associated with SCTV.
- 1998
Renamed PT Elang Mahkota Teknologi
[1]The company changed its name from PT Elang Mahkota Komputer to PT Elang Mahkota Teknologi.
- 1983
Company founded as PT Elang Mahkota Komputer
[1]Eddy Kusnadi Sariaatmadja and Fofo Sariaatmadja established the company as a distributor of Compaq computers in Indonesia.
Products and positioning
A diversified Indonesian technology and media group whose center of gravity is television and digital entertainment, supported by investments in telecommunications, fintech, banking, healthcare, and internet businesses.
Free-to-air television network
SCTV
SCTV is one of Emtek's principal Indonesian television networks. It was the group's first major media platform following its investment in Surya Citra Media and became central to Emtek's transition from technology distribution into broadcasting.
Free-to-air television network
Indosiar
Indosiar is an Indonesian television network brought under Emtek's control in 2011 through an acquisition and mandatory tender offer. It forms part of the group's free-to-air broadcasting portfolio.
Television network
Moji
Moji is one of the television networks identified as part of Emtek's broadcasting portfolio. It extends the group's reach across Indonesian television programming and content distribution.
Television network
Ajwa TV
Ajwa TV is an Indonesian television network included among Emtek's broadcast assets. It contributes to the group's multi-channel television offering.
Television network
Mentari TV
Mentari TV is an Emtek-associated television network serving the Indonesian market and forming part of the group's broader free-to-air channel portfolio.
Subscription television service · 2011
NexMedia
NexMedia was launched by Emtek in 2011 as a subscription television operator. It represented the group's move beyond free-to-air broadcasting into paid television distribution.
Pay television service
Nex Parabola
Nex Parabola is Emtek's pay-television service and is identified as one of the group's principal subsidiaries or offerings. It provides a subscription-based complement to Emtek's free-to-air networks.
Marketing campaigns
- 2018Asian Games official broadcasting
Indonesia
Emtek participated as an official broadcaster for the 2018 Asian Games, using its Indonesian media infrastructure to support coverage of a major regional sporting event.
Outcome. The group delivered official broadcast participation for the Indonesian-hosted event.
Brand decisions
2021
Acquisition of Bank Fama InternationalM&ABackground
Emtek had been diversifying into financial technology and financial services.
Action taken
The group completed its acquisition of Bank Fama International.
Aftermath
The transaction expanded Emtek's business scope into banking.
2011
Acquisition of control of IndosiarM&ABackground
Emtek was expanding its national television portfolio and sought additional broadcast assets.
Action taken
It purchased a 27.24 percent interest in Indosiar from the Salim Group and then completed a mandatory tender offer.
Aftermath
Emtek became the controlling shareholder of Indosiar with an 84.77 percent stake.
2011
Launch of NexMediaProduct launchBackground
The group wanted to complement free-to-air broadcasting with subscription distribution.
Action taken
Emtek launched NexMedia as a subscription television operator.
Aftermath
The launch marked Emtek's entry into Indonesian pay television and preceded the group's association with Nex Parabola.
2010
Initial public offeringOtherBackground
Emtek sought public-market capital as its media strategy expanded.
Action taken
The company listed on the Indonesia Stock Exchange and made approximately 10 percent of its stake public.
Aftermath
The listing established Emtek as a publicly traded Indonesian media and technology group.
2000
Move into mass mediaStrategyBackground
After the Asian financial crisis, Emtek sought to diversify beyond technology and computer distribution.
Action taken
The group partnered with John Singleton and acquired a partial interest in Surya Citra Media, associated with SCTV.
Aftermath
The transaction initiated Emtek's transformation into a major Indonesian media group and was followed by increased ownership of SCTV.
Recent events
Emtek announces Xenon GeForce RTX 3090 Turbo Jet OC graphics card[2]
Reported:
Emtek announced the Xenon GeForce RTX 3090 Turbo Jet OC D6X 24GB graphics card, which the article says is exclusive to South Korea.
Sources2 sources
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