DSP Valley was started in 1996, as a private initiative co-founded by Philips (International Technology Centre Leuven), imec and K.U.Leuven. The co-founders soon were followed by 5 other participants. In 2005, DSP Valley decided to expand internationally, in a crossborder extension from the Leuven region in Flanders/Belgium to the Eindhoven region in the southern Netherlands, supported by Philips Research and TU/Eindhoven. This expansion was co-enabled by European Interreg 3A-funding, aiming at stimulating crossborder co-operation between neighbouring regions. This international expansion takes place in the political context of ELAT (Eindhoven – Leuven – Aachen Technology Triangle).