diff --git a/hardware/cpu/irqbalance/pspec.xml b/hardware/cpu/irqbalance/pspec.xml
index 7ff9d7f85b..faaa469a0b 100644
--- a/hardware/cpu/irqbalance/pspec.xml
+++ b/hardware/cpu/irqbalance/pspec.xml
@@ -12,12 +12,12 @@
         <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>
             <Dependency>libcap-ng-devel</Dependency>
-            <Dependency>ncurses-devel</Dependency>            
+            <Dependency>ncurses-devel</Dependency>
         </BuildDependencies>
     </Source>
 
@@ -45,6 +45,13 @@
     </Package>
 
     <History>
+        <Update release="3">
+            <Date>2017-01-29</Date>
+            <Version>1.2.0</Version>
+            <Comment>Version bump.</Comment>
+            <Name>Ertuğrul Erata</Name>
+            <Email>ertugrulerata@gmail.com</Email>
+        </Update>
         <Update release="2">
             <Date>2016-06-09</Date>
             <Version>1.1.0</Version>