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Update 2 : His body has now been identify . Story here .
The fortuity appears to have been make by a major tempest and a result tornado - like water pillar that ensnare and damage the racing yacht . Among the other six people still missing are Lynch ’s 18 - yr - sometime girl and Morgan Stanley International chairman Jonathan Bloomer . The voyage was to celebrate Lynch being acquitted of condemnable charges in the U.S. , and several members of his legal team were also on board . ( The ship was registered to Lynch ’s married woman , one of the survivors . ) By a terrible co-occurrence , the other person exonerate in Lynch ’s trial — Autonomy ’s finance head Stephen Chamberlain — had give-up the ghost just a few days before when he was hit by a car while out jogging . Original clause continues below .
Mike Lynch , the investor and in high spirits - profile founding father of U.K. technical school house Autonomy , has been declared missing at sea after the racing yacht he was on , theBayesian , capsized in a storm off the coast of Sicily former Monday good morning .
TechCrunch confirm with a informant close to the deliverance operation that Lynch is one of six people missing from the boat . Lynch ’s married woman , Angela Bacares , is one of the 15 who have been rescue . One body has been base .
The news is a spectacular , tragical development for one of the more colorful , and sometimes controversial , figures in engineering out of the U.K.
Lynch ’s enterprise technology firm Autonomy was acquired in 2011 by HP for $ 11 billion — a major milestone for U.K. engineering science . But it quickly call on turned , and HP sued Lynch and other executives at the company , argue it was misled in the transaction .
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HP take that the deal lead to a $ 4 billion loss — money it then exact from Lynch and his former CFO . Lynch ( pictured above , left ) long asseverate that he act in good faith and that he was being made into a whipping boy over a merger gone bad .
That legal play go on for more than a decennary and involve a host of other spiny chapter , including Lynch ’s extradition to the U.S. and a circumstances of very bad promotional material for Lynch . It also led to a second civil case that took place in 2022 in the U.K. , which Lynch lost .
The U.S. criminal shell , where Lynch was charged with 15 count of fraud and conspiracy , move to trial earlier this year in San Francisco . in conclusion , in June , Lynch was acquitted .
“ I am elated with today ’s finding of fact and thankful to the panel for their attending to the fact over the last ten weeks . My thick thanks go to my effectual squad for their tireless oeuvre on my behalf , ” Lynch tell at the meter . “ I am looking forward to returning to the UK and experience back to what I love most : my family and introduce in my field . ”
In the interim year , Lynch built up a profile in the U.K. as an investor , most prominently as the father ofInvoke Capital . The VC house was the bountiful investor in cybersecurity firm Darktrace , a connection that wasnot without its own controversy . It also place inSophia Genetics , Featurespace and Luminance , among others . And it appear that this is the path that he was set to continue .
Our thoughts go out to his family , friends and colleagues . We ’ll update this post as we learn more .
