Ready your wands. And your smartphones. 

The company behind the tremendously successful Pokémon Go augmented reality game is unveiling a new title for 2018 that follows the adventures of young wizard Harry Potter.

According to a report from TechCrunch, Niantic Labs will launch augmented reality game "Harry Potter: Wizards Unite" in 2018. The title will be codeveloped by Time Warner Inc.-owned (TWX) Warner Bros. Interactive and its sub brand Portkey Games.

Pokemon Go.
Pokemon Go.

Part of Niantic's enormous success with its Pokémon Go AR game stemmed from the fanatic following of Nintendo Co.'s (NTDOY) Pokémon characters. The Harry Potter franchise has an equally passionate fan base, suggesting "Wizards Unite" will be another smash hit for Niantic.

There aren't many details surrounding when the game will be released next year or what it will look like. TechCrunch reported that it will operate similarly to Niantic's Ingress augmented reality game.

More of What's Trending on TheStreet:

More from Stocks

Real Money Report Card: Big Week for Bank Earnings

Real Money Report Card: Big Week for Bank Earnings

Here's How CSX Corp. Can Lead Transports Higher

Here's How CSX Corp. Can Lead Transports Higher

U.S. Bancorp Posts Better-Than-Expected Fourth-Quarter Earnings

U.S. Bancorp Posts Better-Than-Expected Fourth-Quarter Earnings

Market Movers: Tech Earnings

Market Movers: Tech Earnings

Ligand Pharmaceuticals Tumbles After Short-Seller Andrew Left Slams the Stock

Ligand Pharmaceuticals Tumbles After Short-Seller Andrew Left Slams the Stock