diff --git a/VERSION b/VERSION
index 45a1b3f44..26aaba0e8 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.1.2
+1.2.0
diff --git a/docs/changelog.md b/docs/changelog.md
index 0dcb09013..5a2e419fc 100644
--- a/docs/changelog.md
+++ b/docs/changelog.md
@@ -8,6 +8,22 @@ None
 ### Bugfixes
 None
 
+### New Features
+None
+
+### Other
+None
+
+
+## Version 1.2.0
+Released on 30.09.2022
+
+### Breaking Changes
+None
+
+### Bugfixes
+None
+
 ### New Features
 - New general-purpose interactive data display widget 
 `qudi.util.widgets.plotting.interactive_curve.InteractiveCurvesWidget` providing multiple optional