Ubisoft shares jump after it partners with Google

Shares in France's Ubisoft Entertainment SA (UBI.FR) rose Tuesday after it partnered with Alphabet Inc.'s GOOGL, +0.12% Google for the U.S. company's newly announced Project Stream.

Google's objective with Project Stream is to address existing issues with streaming technology and the partnership will use Ubisoft's Assassin's Creed Odyssey videogame as the basis for the test, the French company said.

At 1041 GMT, shares in Ubisoft traded at EUR98.84, up 2.3%.

"Streaming holds tremendous potential. Google's Project Stream, the Ubisoft Platform Infrastructure, and the efforts of other companies will help unlock that potential and break down barriers that once prevented many from playing and enjoying our games," said Ubisoft.

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