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Subversion® is an open-source version control system. Subversion® allows developers to share there projects on the repositories, where they are stored afterwards. Repository is much similar to a file server, except the fact, that it not only stores the copy of the file system, but its previous states and changing history. Subversion® access its repositories using network, so it provides a probability for a person to work over some shared files and watch for every possible changes made by other developers.
Subversion® home: http://subversion.tigris.org/
