diff --git a/hardware/cpu/irqbalance/pspec.xml b/hardware/cpu/irqbalance/pspec.xml
index 9d76ca5d44..111bd95db1 100644
--- a/hardware/cpu/irqbalance/pspec.xml
+++ b/hardware/cpu/irqbalance/pspec.xml
@@ -12,7 +12,7 @@
         <IsA>service</IsA>
         <Summary>Distribute hardware interrupts across processors</Summary>
         <Description>Daemon to balance IRQs across multiple CPUs on systems.This can lead to better performance and I/O balance on SMP systems.</Description>
-        <Archive sha1sum="bffafb547dd24a15645dbd1968c440218de6425d" type="targz">https://github.com/Irqbalance/irqbalance/archive/v1.1.0.tar.gz</Archive>
+        <Archive sha1sum="d4f77b4d21ac64effc84d8b0835431c659cdeb7b" type="targz">https://github.com/Irqbalance/irqbalance/archive/v1.2.0.tar.gz</Archive>
         <BuildDependencies>
             <Dependency>numactl-devel</Dependency>
             <Dependency>glib2-devel</Dependency>
@@ -44,6 +44,13 @@
     </Package>
 
     <History>
+        <Update release="3">
+            <Date>2017-01-28</Date>
+            <Version>1.2.0</Version>
+            <Comment>Version bump.</Comment>
+            <Name>Stefan Gronewold(groni)</Name>
+            <Email>groni@pisilinux.org</Email>
+        </Update>
         <Update release="2">
             <Date>2016-06-09</Date>
             <Version>1.1.0</Version>