TNC, founded in 2004 by Kim and Chester Roh, has created a blog software product called Textcube. An earlier TNC platform, Tistory, was sold to Korean portal Daum.
Google already owns a blogging platform, Blogger, which it purchased in 2003. From a technological standpoint, it's not immediately clear why the company would want another one--although Kim likened his company to Blogger rival WordPress (and its parent company Automattic), the favorite of the open-source community, which could give a hint one way or the other. But more concretely, Kim wrote that this acquisition is in part to help Google get a bigger foothold in Korea.