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Microsoft Outlook is a personal information manager from Microsoft, available as a part of the Microsoft Office suite. Although often used mainly as an email application, it also includes a calendar, task manager, contact manager, note-taker, journal, and web browser.
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This is possible but not in a recommended manner as Microsoft do not support PST on a network drive.
If you set up Auto Archiving and point the Archive to a shared location on the network, both systems will be able to access assuming the point is reachable.
One thing to keep in mind thtough, one system can access at a time, not both.