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Mike Lynch
Mike Lynch is the former chief executive of Autonomy © AP

Mike Lynch, one of the UK’s best-known tech entrepreneurs, is among those missing after a luxury yacht sank off the coast of Sicily, according to people familiar with the matter.

Lynch’s wife, Angela Bacares, had been rescued, the person said. Several people are missing after the 56-metre yacht Bayesian sank in bad weather near Palermo in the early hours of Monday morning.

There were 12 guests and 10 crew on board, of whom 15 have been rescued by the Italian coast guard. According to the local fire department, one body has been recovered, while six people remain missing.

Lynch, the former chief executive of Autonomy, was acquitted of criminal charges by a jury in San Francisco in June, vindicating the 59-year-old entrepreneur after a 12-year legal battle over the software group’s $11bn sale to Hewlett-Packard in 2011.

A spokesperson for Lynch declined to comment.

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