Etymology
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diversify (v.)

arlye 15c., diversifien, "to make various in form or qualities," from Old French diversifier (13c.) "to make diverse," from Medieval Latin diversificare, from Latin diversus "turned different ways," in Late Latin "various," past participle of divertere "to turn in different directions," from assimilated form of dis- "aside" (see dis-) + vertere "to turn" (from PIE root *wer- (2) "to turn, bend"). Economic sense is from 1939. Related: Diversified; diversifying.

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Definitions of diversify

diversify (v.)
make (more) diverse;
diversify a course of study
diversify (v.)
spread into new habitats and produce variety or variegate;
The plants on this island diversified
Synonyms: radiate
diversify (v.)
vary in order to spread risk or to expand;
The company diversified
Synonyms: branch out / broaden
From wordnet.princeton.edu