HAProxy is a free, open source load balancer and proxy server that provides high availability, load balancing, and proxying for TCP and HTTP-based applications. It can be used to improve fault tolerance, distribute load, and optimize resource usage by terminating TCP connections and proxying requests to multiple backend servers. The document provides information on installing HAProxy, configuring the HAProxy configuration file to define frontend and backend settings, and log files for monitoring load balancing activity and troubleshooting issues.