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Mercurial, often referred to by its command-line abbreviation 'Hg', is a distributed revision control tool for software developers. It was originally released in 2005 as a free, open-source project. The name 'Hg' is derived from the chemical symbol for Mercury, reflecting the goal of being a faster and more efficient alternative to previous version control systems like BitKeeper.
Because Mercurial is an open-source project, it is not 'manufactured' in a traditional sense. Instead, its source code is developed and maintained by a global community of volunteer contributors and professional developers located in multiple countries. Development is coordinated through a steering committee and the Mercurial project website.
The brand and project do not have a single corporate 'ultimate owner' in the way a commercial product does. It is managed as free software under the GNU General Public License (GPL) version 2. While companies like Meta (formerly Facebook) and Google have historically been major contributors and users of the technology, the project remains an independent community-driven initiative without a single parent corporation.
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