.Mike Lynch, previous ceo at Hewlett-Packard Co.'s Autonomy system, talking at a meeting on Thursday, April 25, 2013. u00c2 Bloomberg|Bloomberg|Getty ImagesLONDON u00e2 $ " The body of British innovation entrepreneur Mike Lynch, 59, has been actually retrieved from the wreck of a luxury yacht that drained off the coastline of Sicily, a source accustomed to the concern said to CNBC on Thursday, confirming earlier coverage by Skies News.Lynch's daughter, Hannah, stays unaccounted for, depending on to the resource, that inquired not to be identified because of the vulnerable nature of the situation. Heavens Updates previously stated that 5 physical bodies pulled from the accident had been actually determined due to the Italian coast personnel, which Lynch was actually among the dead.Lynch, who was actually mentioned missing out on Monday, was one of 22 travelers aboard the Bayesian superyacht, which capsized while anchored in the tiny sportfishing town of Porticello, in the district of Palermo in Italy.On Wednesday, Salvatore Cocina, head of the polite protection organization in Sicily, verified to NBC Headlines that 5 bodies had actually been actually bounced back from the wreckage of the yacht. The only individual confirmed lifeless by authorities thus far has been actually Recaldo Thomas, a Canadian-Antiguan chef.CNBC has gotten in touch with the Italian coastline guard and is actually waiting for a response.Lynch was creator of enterprise software application company Liberty. He ended up being the intended 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 value of the provider within a year of getting it.Lynchu00c2 was acted in June of fraud chargesu00c2 in a shock victory in USA court complying with a hearing that lasted for 3 months. He had actually faced costs of wire fraudulence and conspiracy for purportedly unscrupulous to pump up Freedom's income. Lynch denied wrongdoing and also informed jurors HP botched Autonomy's integration.Lynch was actually additionally owner of Invoke Capital, a financial backing firm backing European technology start-ups. He came to be a crucial voice assisting the U.K. innovation market, supporting key names like cybersecurity organization Darktrace and lawful technician firm Luminance.Tributes were actually paid for to Lynch observing news of his death.Russ Shaw, owner of innovation industry teams Specialist London Advocates and also International Technology Advocates, claimed Lynch "leaves behind a legacy as one of the great present day English technician business owners."" His capability to comprehend how technician may fix significant obstacles, and afterwards effectively commercialise it was actually definitely one-of-a-kind" Shaw pointed out in a statement emailed to CNBC. "Mike is going to rightly be actually born in mind for his function in nurturing a few of Britain's fantastic tech firms, consisting of Darktrace, Luminosity and also Sophia Genetics." The Royal Academy of Engineering, that made Lynch an other in 2008, said its trustee board, fellows and also staff are "greatly saddened" to find out of his death and "deliver our extensive condolences to his loved ones."" Our team have sentimental memories of the energetic role he participated in [as a fellow] over the last, as an advisor, benefactor and also previous Authorities participant. He was also some of the inaugural members on the Venture Committee," the institute said on the social networking sites system X. "Our notions are with his family and friends at this time." God John Browne, previous chief executive officer of electricity organization BP, mentioned in an article on X that Lynch "need to be actually always remembered as the individual who catalysed a breed of deep technology business owners in the U.K. His concepts as well as his personal vision were actually a powerful payment to scientific research and also modern technology in both Britain and also worldwide.".