Nintendo announced that both Bayonetta and Bayonetta 2 will be bundled together, and available in October 2014.
Here is some more info from Nintendo of America:
Brimming with intricate battles that take place in, on and all over epic set pieces, Bayonetta 2 finds the sassy heroine battling angels and demons in unearthly beautiful HD. Maniacal magic, warped weapons and some serious attitude make up Bayonetta’s deadly arsenal. Best of all, the original Bayonetta game comes bundled with the retail packaged version of Bayonetta 2, complete with some Nintendo surprises and Nintendo cosplay options for Bayonetta.