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<SEC-DOCUMENT>0000724910-05-000027.txt : 20051019
<SEC-HEADER>0000724910-05-000027.hdr.sgml : 20051019
<ACCEPTANCE-DATETIME>20051019161420
ACCESSION NUMBER:		0000724910-05-000027
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20051014
ITEM INFORMATION:		Entry into a Material Definitive Agreement
FILED AS OF DATE:		20051019
DATE AS OF CHANGE:		20051019

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NVE CORP /NEW/
		CENTRAL INDEX KEY:			0000724910
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				411424202
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		051145271

	BUSINESS ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		9528299217

	MAIL ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREMIS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ag8-k.txt
<TEXT>
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)  October 14, 2005
                                                  ----------------

                                 NVE Corporation
                                 ---------------
             (Exact name of registrant as specified in its charter)

         Minnesota                     000-12196                 41-1424202
- -------------------------------------------------------------------------------
(State or other jurisdiction          (Commission             (IRS Employer
      of incorporation)               File Number)          Identification No.)


11409 Valley View Road, Eden Prairie, Minnesota                        55344
- -------------------------------------------------------------------------------
    (Address of principal executive offices)                         (Zip Code)

Issuer's telephone number, including area code  (952) 829-9217
                                                --------------


        -------------------------------------------------------------
        (Former name or former address, if changed since last report)

                                 ---------------

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (1 7 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item 1.01 Entry into a Material Definitive Agreement

Planned sale of Agilent's Semiconductor Product Group

     We have an agreement with Agilent Technologies, Inc. to distribute our
spintronic couplers under its brand. By letter dated October 14, 2005, Agilent
has informed us that it has signed an agreement to sell its Semiconductor
Product Group (SPG) to Kohlberg Kravis Roberts and Company and Silver Lake
Partners. The transaction is expected to close by November 1, 2005. If the
planned sale closes, we expect purchase orders placed with us by SPG to be
honored under the new ownership structure, and expect to continue our business
relationship with SPG.

     The letter from Agilent Technologies is attached as Exhibit 10 and
incorporated herein by reference.


                                       -3-

<PAGE>

                                 INDEX TO EXHIBITS

   Exhibit                          Description
   -------                          -----------
     10                  Letter from Agilent Technologies



                                       -4-


<PAGE>

                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                          NVE CORPORATION
                                           (Registrant)

Date  October 19, 2005                    /s/ Daniel A. Baker
                                          -------------------
                                          By: Daniel A. Baker
                                          President and Chief Executive Officer



                                       -3-
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>agilent.txt
<DESCRIPTION>LETTER FROM AGILENT TECHNOLOGIES
<TEXT>
             Agilent Technologies Singapore Pte Ltd   Tel: (65) 63771688 (Main)
             1 Yishun Avenue 7                        Fax: (65) 67528354
             Singapore 768923
             Co. Reg 199903281G


Agilent Technologies



14 October 2005

KATHRYN HERMAN
AA
NVE CORP
11409 VALLEY VIEW ROAD
EDEN PRAIRIE
MINNESOTA 55344
USA


Re:  Sale of Agilent's Semiconductor Product Group to Kohlberg Kravis Roberts &
     Co. and Silver Lake Partners


Dear Kathryn Herman,

On 14 August 2005, Agilent Technologies Inc. ("Agilent") agreed to sell its
Semiconductor Product Group to Kohlberg Kravis Roberts & Co. and Sliver Lake
Partners (the "Sale").  A new company [Argos Acquisition Pte., Ltd. and its
affiliates] will be formed by the buyer for the Sale.  The Sale is expected to
be completed by November 1, 2005.  When the Sale is completed, the
Semiconductor Product Group ("SPG") will be owned by Kohlberg Kravis Roberts &
Co. and Silver Lake Partners.

To facilitate the Sale, Agilent will assign all outstanding purchase orders
that are not fulfilled by the completion of the Sale to [Argos Acquisition
Pte., Ltd. and its affiliates]. The assignment shall be effective upon
completion of the Sale. Please indicate your consent to the assignment of any
outstanding purchase orders by signing below and returning this letter to us
within 7 days upon receipt of this notification.


The following processes will NOT CHANGE as a result of the Sale:
     *  Payment terms

     *  PO terms and conditions

     *  Supplier Resource Management (TQRDCE)

     *  Ship-to addresses [Note: Argos Acquisition Pte., Ltd. and its
        affiliates replaces Agilent Technologies name but the address remains
        the same]

     *  [Argos Acquisition Pte., Ltd. and its affiliates] contacts: Telephone
        numbers and the physical locations will remain the same.

     *  Your current Agilent SPG order backlog through October 2005: Continue
        to ship and bill per the existing instructions on the purchase orders
        from Agilent SPG unless otherwise notified by [Argos Acquisition Pte.,
        Ltd. and its affiliates].


                                  Page 1 of 2
<PAGE>

Please feel free to call me at 65-6215-4218 if you have any questions
concerning this letter or the Sale.  Thank you for your cooperation in this
matter.

                                           Very truly yours,
                                           Agilent Technologies Inc.
                                           By:

                                           /s/ Francis Khor

                                           Name:  Francis Khor
                                           Title: WW Procurement Director


UNDERSTOOD AND AGREED:

By: /s/ Daniel A. Baker

Title: President & CEO
Date: October 14, 2005












                                  Page 2 of 2
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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