British tech entrepreneur Mike Lynch found in Sicily yacht wreckage

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British tech entrepreneur Mike ****** found in Sicily yacht wreckage

Mike ******, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013. 

Bloomberg | Bloomberg | Getty Images

LONDON — The body of British technology entrepreneur Mike ******, 59, has been retrieved from the wreckage of a yacht that sank off the coast of Sicily, a source familiar with the matter told CNBC Thursday, confirming earlier reporting by Sky News.

******’s daughter, Hannah, ******** unaccounted for, according to the source, who asked not to be identified due to the sensitive nature of the situation.

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that five bodies pulled from the wreck had been identified by the Italian coastguard, and that ****** was among the *****.

******, who was reported missing Monday, was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored in the small fishing village of Porticello, in the province of Palermo in Italy.

On Wednesday, Salvatore Cocina, the head of the civil protection agency in Sicily confirmed to NBC News that five bodies had been recovered from the wreckage of the yacht. It comes after one person — Recaldo Thomas, a *********-Antiguan chef — was confirmed ***** earlier this week.

****** was the founder of enterprise software firm Autonomy. He became the target of a protracted legal battle with Hewlett Packard after the firm accused ****** of inflating Autonomy’s value in an $11.7 billion *****. HP took an $8.8 billion write-down on the value of the company within a year of buying it.

****** was acquitted in June of ****** charges in a surprise victory in U.S. court following a trial that lasted for three months. He had faced charges of wire ****** and *********** for allegedly scheming to inflate Autonomy’s revenue. ****** denied wrongdoing and told jurors HP botched Autonomy’s integration.

****** was also the founder of Invoke Capital, a venture capital firm endorsing ********* tech startups. He became a key voice supporting the U.K. technology industry, backing key names like cybersecurity firm Darktrace and legal tech firm Luminance.

CNBC has contacted the Italian coastguard and is awaiting a response.

This is a breaking news story, please check back later for more.

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