diff --git a/lib/rbvmomi/version.rb b/lib/rbvmomi/version.rb
index 1771e725..33bf4367 100644
--- a/lib/rbvmomi/version.rb
+++ b/lib/rbvmomi/version.rb
@@ -2,5 +2,5 @@
 # SPDX-License-Identifier: MIT
 
 module RbVmomi
-  VERSION = '1.11.7'.freeze
+  VERSION = '1.12.0'.freeze
 end