The global cyber security industry was valued at $116.5 billion in 2018, and is forecast to grow around 11% per year through to 2025, as the number of cyber security threats continues to rise, according to research firm Grand View Research. TPG has yet to make a decision on the timing or manner of its exit from McAfee, according to a person familiar with the matter. In the last few years, McAfee has managed to grow its main cyber security software business, which focuses on consumers, through price increases, new partner programs and good retention rates, according credit ratings agency Moody's Investors Service Inc. This growth has been partially offset, however, by weakness in its business of serving other companies, which remains competitive, according to Moody's. In November, NortonLifeLock, previously called Symantec, sold its enterprise business serving other companies to chip maker Broadcom Inc for $10.7 billion.