What goes around comes around.

In a quiet announcement this week, Cronologics, a small wearables startup based out of Silicon Valley, said that it has been acquired by Google to help improve Android Wear.

Cronologics, which formed in 2014, is made up of former Google employees who set out on their own during the height of wearable excitement and smartwatch growth, hoping to build a cross-platform OS that, like Pebble and its new owner Fitbit, could live between worlds, so to speak. The company launched a crowdfunding campaign earlier this year for the CoWatch, an Alexa-powered touchscreen smartwatch powered by its proprietary Cronologics OS.

"Today, we're excited to announce the next phase of our journey -- we are joining Google to help grow the portfolio of watches powered by Android Wear. We see strong alignment with Android Wear's mission and look forward to working with our new colleagues at Google to continue pushing the frontier of wearable technology and smartwatches with Android Wear 2.0 and beyond," the company said in a statement on its landing page. It's unclear whether the CoWatch will continue being offered — it shipped shortly after the Indigegogo campaign finished in June — but it's unlikely we'll see much of Cronologics OS going forward.

Instead, the team hopes to help Google improve Android Wear, the latest version of which is expected to launch in early 2017 alongside some new hardware.