.Mike Lynch, former president at Hewlett-Packard Co.'s Freedom system, speaking at a seminar on Thursday, April 25, 2013. u00c2 Bloomberg|Bloomberg|Getty ImagesLONDON u00e2 $ " The body system of British technology entrepreneur Mike Lynch, 59, has been recovered from the wreckage of a yacht that kitchen sank off the shore of Sicily, a source aware of the issue informed CNBC on Thursday, verifying earlier reporting through Sky News.Lynch's child, Hannah, continues to be unaccounted for, depending on to the resource, that talked to certainly not to become pinpointed because of the vulnerable attribute of the condition. Sky Information previously disclosed that 5 body systems drew coming from the wreckage had been actually recognized by the Italian coastline personnel, and that Lynch was actually among the dead.Lynch, that was actually mentioned skipping Monday, was one of 22 passengers aboard the Bayesian superyacht, which capsized while fastened in the small fishing town of Porticello, in the province of Palermo in Italy.On Wednesday, Salvatore Cocina, head of the gracious protection firm in Sicily, verified to NBC Updates that five bodies had been recovered from the wreckage of the private yacht. The only individual validated dead through authorizations so far has actually been actually Recaldo Thomas, a Canadian-Antiguan chef.CNBC has actually contacted the Italian shoreline guard and is actually waiting for a response.Lynch was founder of organization program company Freedom. He came to be the target of a drawn-out lawful battleu00c2 withu00c2 Hewlett Packardu00c2 after the organization charged Lynch of inflating Freedom's market value in an $11.7 billion sale. HP took an $8.8 billion write-down on the market value of the company within a year of buying it.Lynchu00c2 was actually acquitted in June of scams chargesu00c2 in an unpleasant surprise victory in USA court observing a trial that lasted for 3 months. He had encountered costs of cable scams as well as conspiracy theory for purportedly tricky to inflate Liberty's earnings. Lynch refused wrongdoing as well as said to jurors HP botched Freedom's integration.Lynch was actually also owner of Invoke Resources, an equity capital agency supporting European specialist start-ups. He became a crucial representation supporting the U.K. technology business, supporting crucial labels like cybersecurity organization Darktrace and also legal technology agency Luminance.Tributes were paid out to Lynch observing news of his death.Russ Shaw, owner of modern technology sector teams Technician London Advocates and also Worldwide Tech Proponents, mentioned Lynch "leaves behind a heritage as one of the excellent contemporary English technology business owners."" His capability to know how technician can resolve huge challenges, and after that efficiently commercialise it was definitely one-of-a-kind" Shaw said in a statement emailed to CNBC. "Mike will rightly be always remembered for his work in nourishing some of Britain's wonderful technology firms, consisting of Darktrace, Luminosity and also Sophia Genetic Makeup." The Royal Institute of Engineering, that made Lynch an other in 2008, said its fiduciary board, others and staff are actually "heavily saddened" to learn of his fatality and also "deliver our extensive condolences to his household."" Our company have sentimental minds of the energetic part he played [as a fellow] before, as a coach, benefactor and former Council member. He was actually also some of the inaugural participants on the Venture Board," the academy claimed on the social networks system X. "Our ideas are along with his friends and family right now." Lord John Browne, past chief executive officer of energy firm BP, claimed in a blog post on X that Lynch "should be actually don't forgotten as the person that catalysed a kind of profound technician business owners in the U.K. His concepts and his personal vision were a highly effective payment to scientific research as well as innovation in both Britain and around the world.".