Podango, the online video and audio network, announced today that it has acquired the GigaVox Audio Lite technology from GigaVox Media. Deal terms were undisclosed.

Podango will incorporate GigaVox Audio Lite features and capabilities into its P2 podcasting platform, enabling publishers to automate component show assembly and improve post-production management. Podango publishers will be able to easily organize segments of a show, swap out segments from previously released shows and reuse segments (intros, credits, etc.) in future programs with the click of a mouse.

Michael Geoghegan, CEO of GigaVox Media commented, “We are delighted that Podango recognized the value of the technology we developed. Their decision to acquire it outright and integrate into their Podango P2 platform gives them a decisive competitive advantage.”

Podango lets podcasters host and manage their own podcast “stations” using the company’s hosting, syndication, audience measurement and website creation tools. Podcasters who work with Podango earn income by sharing advertising revenue from the aggregate of Podango-hosted stations. Podango also owns and operates a state-of-the-art production studio in the Bay Area.