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What does diversify mean?

Looking for the meaning or definition of the word diversify? Here's what it means.

Verb
  1. (transitive) To make diverse or various in form or quality; to give variety to distinguish by numerous differences or aspects.
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Examples
Several speakers cried, and some angrily scorned Plan 2008's strategy, arguing there should be more concrete plans to diversify.
More still needed to be done to diversify into crops such as smallcrops, olives, macadamias and hemp.
The company is currently focusing on skiing trips, but plans to diversify into rafting and scuba diving in the near future.
Now the company's second act depends on how fast Micromarketing can diversify its client base.
The company also said it would diversify its copper product range to boost product margin.
Strangely, it has taken the brand more than three years to diversify from menswear into womenswear.

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