It looks like there are wedding bells to come this year!
A rep for Olivia confirmed the engagement news to Celebuzz this weekend, and comes more than a year after the news of their relationship.
The 28-year-old actress was formerly married to filmmaker Tao Ruspoli but got divorced after 8 years of being together.
These two have been gushing about each other since they got together, and we couldn't be happier for them!
We send them our best wishes!