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Olivia Wilde & Jason Sudeikis Engaged!

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Jason Sudeikis and Olivia Wilde attend Glamour Presents 'These Girls' at Joe's Pub in New York City on October 8, 2012 -- Getty Images
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Jason Sudeikis and Olivia Wilde attend Glamour Presents 'These Girls' at Joe's Pub in New York City on October 8, 2012 -- Getty Images

Love is in the air for Jason Sudeikis and Olivia Wilde!

The couple -- who first began dating in late 2011 and recently moved in together -- is engaged, according to People.

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"They are so excited," a source told the mag of the pair. "And very, very happy."

The "Saturday Night Live" star proposed to Olivia "shortly after the holidays," according to the mag's source.

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The impending marriage will mark the second wedding for both stars, as Olivia was married to filmmaker Tao Ruspoli from 2003 - 2011.

Jason was previously married to "Pitch Perfect" writer Kay Cannon from 2004 - 2010.

-- Erin O'Sullivan

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