HP pursues Lynch estate for £1.35bn as tech giant forks out £150m in legal bills Legal The High Court heard that the estate of British technology tycoon Mike Lynch should be liable to pay more than £1.35bn to Hewlett-Packard (HP) over fraud linked to the sale of Autonomy. Lynch, who founded software firm Autonomy in 1996, sold it to HP in 2012 for $11.1bn, but after a bust-up over allegations of [...]
Mike Lynch’s estate ordered to pay HP £700m following tech mogul’s death Legal Mike Lynch's estate was ordered to pay HP just under £700m in conclusion to the fraud linked to the $11.1bn sale of Autonomy.
Tech tycoon Mike Lynch’s ‘unsinkable’ yacht sank due to design flaw, report finds News A British investigation has found that fatal design flaws left tech entrepreneur Mike Lynch’s £32m super yacht Bayesian dangerously vulnerable to capsizing – contradicting builder claims that the vessel was “unsinkable”. Lynch, often dubbed “Britain’s Bill Gates”, for his role in founding software giant Autonomy, was among seven people who died last August when the [...]
Work to recover Mike Lynch’s sunken superyacht paused after diver’s death May 10, 2025 Work to recover tech tycoon Mike Lynch’s sunken superyacht in Sicily has paused after a diver died. The man, believed to be a diver for Dutch firm SMIT Salvage, died during underwater work on Friday and an investigation will look into what happened. The vessel Bayesian was due to be raised from the seabed within [...]
Hewlett Packard set to pursue Mike Lynch’s widow for up to £3bn September 1, 2024 Hewlett Packard Enterprise (HPE) is set to pursue the widow of Mike Lynch for up to $4bn (£3bn) in a continuation of its long-running claim against the UK tech mogul following his death in the Bayesian yacht sinking.
Sicily yacht tragedy: Bayesian captain set to face manslaughter investigation August 26, 2024 The captain of the Bayesian superyacht is to be investigated for multiple manslaughter and shipwreck after seven people died when the vessel sunk last week, according to Italian media.
Italian prosecutor announces manslaughter investigation over yacht sinking August 24, 2024 A manslaughter investigation has been opened into the deaths of seven people in the sinking of a luxury yacht off the coast of Sicily, an Italian prosecutor said.
Tributes paid to Mike Lynch after tech mogul’s death August 23, 2024 Figures from the business and technology sectors have paid tribute to Mike Lynch after the tech mogul’s death was confirmed on Thursday. Mr Lynch was confirmed to have died aged 59 after a luxury yacht, Bayesian, sank off the coast of Sicily. He was the creator of software giant Autonomy, which grew to become one [...]
Hiscox appoints interim chair following Jonathan Bloomer yacht tragedy August 23, 2024 Insurer Hiscox has appointed an interim chair following the death of Jonathan Bloomer earlier this week alongside tech giant Mike Lynch.
UK tech tycoon Mike Lynch among five bodies confirmed in Sicily yacht disaster August 22, 2024 Five bodies have been founded following four days of searching after a superyacht sank, one of the bodies is confirmed to be UK tech mogul Mike Lynch