Salt Lake-based Silex Technology America Inc. will acquire the wireless and connectivity solution business of Troy Group Inc. for $10 million, Silex said Wednesday.

Silex said the deal will increase its international business by more than $10 million in sales annually.

Silex is a subsidiary of Silex Technology Inc., a developer of systems, connectivity products and biometric readers and software. Troy, based in Santa Ana, Calif., offers secure payment systems and wireless and connectivity products.