.Mike Lynch, former president at Hewlett-Packard Co.'s Autonomy unit, speaking at a conference on Thursday, April 25, 2013. u00c2 Bloomberg|Bloomberg|Getty ImagesLONDON u00e2 $ " The body of English modern technology entrepreneur Mike Lynch, 59, has been recovered from the wreck of a luxury yacht that kitchen sank off the coastline of Sicily, a source acquainted with the matter informed CNBC on Thursday, confirming earlier coverage through Skies News.Lynch's child, Hannah, stays unaccounted for, according to the source, who inquired certainly not to be determined due to the vulnerable nature of the scenario. Heavens Headlines previously stated that five body systems drew from the accident had been actually recognized by the Italian shoreline personnel, and that Lynch was one of the dead.Lynch, who was actually reported missing out on Monday, was among 22 travelers aboard the Bayesian superyacht, which capsized while secured in the little fishing town of Porticello, in the province of Palermo in Italy.On Wednesday, Salvatore Cocina, head of the diplomatic security firm in Sicily, verified to NBC Headlines that five physical bodies had been actually recovered coming from the wreck of the luxury yacht. The only individual verified lifeless by authorizations until now has actually been Recaldo Thomas, a Canadian-Antiguan chef.CNBC has talked to the Italian coast guard and is waiting for a response.Lynch was actually owner of enterprise software program agency Liberty. He became the target of a lengthy legal battleu00c2 withu00c2 Hewlett Packardu00c2 after the agency accused Lynch of inflating Autonomy's value in an $11.7 billion purchase. HP took an $8.8 billion write-down on the market value of the business within a year of purchasing it.Lynchu00c2 was acted in June of scams chargesu00c2 in a surprise triumph in united state court adhering to a hearing that lasted for 3 months. He had dealt with charges of wire scams and also conspiracy for purportedly guileful to inflate Freedom's earnings. Lynch refuted misbehavior and also said to jurors HP messed up Freedom's integration.Lynch was additionally founder of Invoke Financing, a financial backing company supporting European specialist startups. He ended up being a key representation supporting the U.K. innovation field, supporting vital titles like cybersecurity firm Darktrace and legal technician agency Luminance.Tributes were actually paid for to Lynch adhering to news of his death.Russ Shaw, creator of innovation market teams Technician Greater london Advocates and also Worldwide Specialist Advocates, stated Lynch "leaves behind a heritage being one of the wonderful contemporary British tech entrepreneurs."" His ability to comprehend how technician can easily fix big problems, and afterwards successfully commercialise it was actually definitely distinct" Shaw said in a claim emailed to CNBC. "Mike will appropriately be remembered for his function in nourishing a few of Britain's fantastic technology business, consisting of Darktrace, Luminance and Sophia Genetics." The Royal Academy of Engineering, which made Lynch a fellow in 2008, stated its own fiduciary board, fellows and staff are "profoundly saddened" to find out of his death and also "send our extensive condolences to his loved ones."" We have sentimental memories of the active task he played [as a fellow] over the last, as a coach, benefactor and past Authorities member. He was likewise among the inaugural members on the Company Committee," the institute pointed out on the social networking sites system X. "Our thought and feelings are along with his friends and family right now." Lord John Browne, former chief executive officer of electricity agency BP, pointed out in a blog post on X that Lynch "need to be actually always remembered as the person who catalysed a species of deep tech business people in the U.K. His ideas and his personal sight were a powerful contribution to science and also technology in both Britain and also around the globe.".