Yes, hooking a deeply discharged battery to another good battery in parallel is a good way to revive the discharged battery. One reason that the discharged battery may not be charging is many battery charges have an internal safety mechanism that prevents charging a deeply discharged battery. This is because it wants to avoid potentially charging a battery with a short that when left unattended could cause big problems.
The way around this is to "trick" the charger by having it read a higher voltage on the battery. This is one by hooking the discharged battery to a good battery in parallel (positive to positive and negative to negative).
I found this description of this process on Optima's website here:
They do a good job explaining the process as well as safety precautions.
Note that this description specifically mentions AGM batteries, but this method works for flooded acid batteries as well. I know it works because I did it many times myself while working at a battery store.
RECOVERY OPTION #2: THE DIY SOLUTION FOR CHARGING A DEEPLY DISCHARGED BATTERY.
This is a recovery method for the do-it-yourselfer using the equipment you have in the garage. With this option, you're going to "trick" your traditional charger into charging the deeply-discharged AGM battery.
Here's what you need:
Battery charger (under 15 amps)
A good battery, preferably holding voltage above 12.2 volts. (It can be an AGM or flooded lead-acid battery)
The seemingly dead, deeply-discharged AGM battery
A voltage meter
A watch or timer
Here's what you do:
Hook up the good battery and deeply-discharged AGM battery in parallel – positive to positive and negative to negative. Do not have the charger connected to the battery or turned on at this stage.
Next, connect the discharged battery to the charger, then turn on the charger. The charger will "see" the voltage of the good battery (connected in parallel), and start delivering current.
After the batteries have been connected for about an hour, check to see if the AGM battery is slightly warm or hot to the touch. Batteries naturally become warm during charging, but excessive heat may be an indication that there really is something wrong with the battery. Discontinue charging immediately if the battery is hot to the touch. Also discontinue the process if you hear the battery "gassing" — a hissing sound coming from the safety valves. If it's hot or gassing, STOP CHARGING IMMEDIATELY!
With your volt meter, check back often to see if the AGM battery has charged to 10.5 volts or above. This generally takes less than two hours with a 10-amp charger. If it has, disconnect the charger from the wall outlet and remove the good battery. Now, connect only the deeply-discharged AGM battery to the charger. Turn on the charger and continue until the AGM battery reaches a full state of charge (at least 12.6V), or until the automatic charger completes the charge process. In most cases, the AGM battery will be recovered.
Note: In the above process it says if you hear gassing stop immediately, this is true if your battery is AGM. If it is a conventional flooded acid battery a little gas is normal when charging, however if the battery is hot like it says and there is a large amount of gas escaping the same applies, stop immediately.