Olivia Wilde and Jason Sudeikis are "so excited" after getting engaged.

The 37-year-old Saturday Night Live funnyman proposed to the 28-year-old Tron: Legacy actress shortly after the holidays after just over a year of dating. A source close to the couple confirmed the news to People.com, saying, "They are so excited. And very, very happy."

The pair began dating in November 2011 and moved in together last year, with the brunette beauty admitting she fell "blissfully, hopelessly, wildly in love."

Rumors first began swirling that the couple were secretly engaged in early December. "Everyone in town is buzzing about the wedding. They have already booked the venue and are in the process of finalizing the rest of the details. Jason is a hometown boy at heart, and he is super close to his family and all his friends there. It has always been his dream to get married back in Kansas City," a source previously said.