Joe Kraus

TNC, a Korea-based software company also known as Tatter and Company, has been Googled, according to Chang Won-Kim, TNC's cochief executive.

Chang announced Google's acquisition of TNC, which occurred Friday, in his personal blog.

Chang, who shares the CEO title with TNC's founder, Chester Roh, said he believes the reason for the acquisition is because Google has very little market presence in Korea and Asia.

"We will commit ourselves to increasing Google's market share in Korea," Chang wrote.