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=== Production === During this time, HP had begun to believe that it was no longer cost-effective for individual enterprise systems companies such as itself to develop proprietary microprocessors. Intel had also been researching several architectural options for going beyond the x86 ISA to address high-end enterprise server and high-performance computing (HPC) requirements. Intel and HP partnered in 1994 to develop the IA-64 ISA, using a variation of VLIW design concepts which Intel named [[explicitly parallel instruction computing]] (EPIC). Intel's goal was to leverage the expertise HP had developed in their early VLIW work along with their own to develop a volume product line targeted at the aforementioned high-end systems that could be sold to all original equipment manufacturers (OEMs), while HP wished to be able to purchase off-the-shelf processors built using Intel's volume manufacturing and contemporary process technology that were better than their PA-RISC processors. Intel took the lead on the design and commercialization process, while HP contributed to the ISA definition, the Merced/Itanium microarchitecture, and Itanium 2. The original goal year for delivering the first Itanium family product, Merced, was 1998.<ref name="HP_Labs" />
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