A system and method for management of data and power of a data acquisition device may include a power and storage module (PSM) comprising a memory and a power source unit, the PSM adapted to provide power to a data acquisition portable device (DAPD) and to store data received from the DAPD and a docking unit adapted to charge the power source unit and to perform at least one of: reading information from the memory and writing information to the memory. Charging the power source unit and transferring data to/from the memory may be done substantially at the same time and by the same docking unit.