I bought it as a Gate Out splitter (from Korg SQ-64 to Behringer 2600 and Behringer 140 Module). Unfortunately, when it's split in two, it drops the signal very often. When I split it into three, Gate Out didn't work at all.
It's fine (so far) splitting CV but I didn't use it much in this role, so I don't know how efficient it is in this role.