Meaning of “diversify” - Learner’s Dictionary

diversify

verb [ I, T ] us uk /daɪˈvɜːsɪfaɪ/

If a business diversifies, it starts making new products or offering new services:

Many designers are diversifying into casual wear.
diversification noun [ U ] us uk /daɪˌvɜːsɪfɪˈkeɪʃən/

(Definition of “diversify” from the Cambridge Learner’s Dictionary © Cambridge University Press)